Hunan Aihua Group Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Aihua Group has a total shareholder equity of CN¥3.7B and total debt of CN¥335.0M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥5.5B and CN¥1.9B respectively. Hunan Aihua Group's EBIT is CN¥311.0M making its interest coverage ratio 10.8. It has cash and short-term investments of CN¥1.1B.
Key information
9.2%
Debt to equity ratio
CN¥334.98m
Debt
Interest coverage ratio | 10.8x |
Cash | CN¥1.14b |
Equity | CN¥3.66b |
Total liabilities | CN¥1.88b |
Total assets | CN¥5.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603989's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603989's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥125.4M).
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 25.1% to 9.2% over the past 5 years.
Debt Coverage: 603989's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 603989's interest payments on its debt are well covered by EBIT (10.8x coverage).