Hunan Aihua Group Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Aihua Group has a total shareholder equity of CN¥3.6B and total debt of CN¥324.0M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥5.6B and CN¥2.0B respectively. Hunan Aihua Group's EBIT is CN¥281.8M making its interest coverage ratio 19.6. It has cash and short-term investments of CN¥1.0B.
Key information
9.0%
Debt to equity ratio
CN¥324.00m
Debt
| Interest coverage ratio | 19.6x |
| Cash | CN¥1.05b |
| Equity | CN¥3.62b |
| Total liabilities | CN¥1.99b |
| Total assets | CN¥5.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603989's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603989's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥122.3M).
Debt to Equity History and Analysis
Debt Level: 603989 has more cash than its total debt.
Reducing Debt: 603989's debt to equity ratio has reduced from 26% to 9% over the past 5 years.
Debt Coverage: 603989's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 603989's interest payments on its debt are well covered by EBIT (19.6x coverage).