Hanwei Electronics Group Balance Sheet Health
Financial Health criteria checks 5/6
Hanwei Electronics Group has a total shareholder equity of CN¥3.2B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥6.2B and CN¥2.9B respectively. Hanwei Electronics Group's EBIT is CN¥76.2M making its interest coverage ratio 7. It has cash and short-term investments of CN¥1.1B.
Key information
31.2%
Debt to equity ratio
CN¥1.00b
Debt
Interest coverage ratio | 7x |
Cash | CN¥1.06b |
Equity | CN¥3.21b |
Total liabilities | CN¥2.95b |
Total assets | CN¥6.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300007's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300007's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300007 has more cash than its total debt.
Reducing Debt: 300007's debt to equity ratio has reduced from 65.8% to 31.2% over the past 5 years.
Debt Coverage: 300007's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 300007's interest payments on its debt are well covered by EBIT (7x coverage).