Hanwei Electronics Group Balance Sheet Health
Financial Health criteria checks 4/6
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 31.4%. Its total assets and total liabilities are CN¥6.1B and CN¥2.9B respectively. Hanwei Electronics Group's EBIT is CN¥2.4M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥992.6M.
Key information
31.4%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥992.60m |
| Equity | CN¥3.21b |
| Total liabilities | CN¥2.94b |
| Total assets | CN¥6.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300007's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300007's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300007's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 300007's debt to equity ratio has reduced from 48.6% to 31.4% over the past 5 years.
Debt Coverage: 300007's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 300007's interest payments on its debt are not well covered by EBIT (0.2x coverage).