Huaihe Energy (Group)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Huaihe Energy (Group)Ltd has a total shareholder equity of CN¥13.1B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are CN¥23.2B and CN¥10.1B respectively. Huaihe Energy (Group)Ltd's EBIT is CN¥1.1B making its interest coverage ratio -36.3. It has cash and short-term investments of CN¥2.7B.
Key information
41.0%
Debt to equity ratio
CN¥5.38b
Debt
| Interest coverage ratio | -36.3x |
| Cash | CN¥2.66b |
| Equity | CN¥13.11b |
| Total liabilities | CN¥10.09b |
| Total assets | CN¥23.20b |
Recent financial health updates
Recent updates
Huaihe Energy (Group) Co.,Ltd's (SHSE:600575) Prospects Need A Boost To Lift Shares
Oct 21
Here's Why Huaihe Energy (Group)Ltd (SHSE:600575) Can Manage Its Debt Responsibly
Sep 24Huaihe Energy (Group) Co.,Ltd (SHSE:600575) Surges 30% Yet Its Low P/E Is No Reason For Excitement
May 28We Ran A Stock Scan For Earnings Growth And Huaihe Energy (Group)Ltd (SHSE:600575) Passed With Ease
May 24Additional Considerations Required While Assessing Huaihe Energy (Group)Ltd's (SHSE:600575) Strong Earnings
May 02Financial Position Analysis
Short Term Liabilities: 600575's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 600575's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 600575's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: 600575's debt to equity ratio has reduced from 44.8% to 41% over the past 5 years.
Debt Coverage: 600575's debt is well covered by operating cash flow (38%).
Interest Coverage: 600575 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:26 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Huaihe Energy (Group) Co.,Ltd is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Citic Securities Co., Ltd. |
| Xianda Ding | Everbright Securities Co. Ltd. |
| null Research Department | Guodu Securities Co. |