Heilongjiang Transport Development Co., Ltd.

SHSE:601188 Stock Report

Market Cap: CN¥4.9b

Heilongjiang Transport Development Balance Sheet Health

Financial Health criteria checks 5/6

Heilongjiang Transport Development has a total shareholder equity of CN¥4.9B and total debt of CN¥200.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥5.4B and CN¥577.9M respectively. Heilongjiang Transport Development's EBIT is CN¥65.5M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥1.0B.

Key information

4.1%

Debt to equity ratio

CN¥200.67m

Debt

Interest coverage ratio-0.8x
CashCN¥1.02b
EquityCN¥4.87b
Total liabilitiesCN¥577.86m
Total assetsCN¥5.44b

Recent financial health updates

No updates

Recent updates

What Heilongjiang Transport Development Co., Ltd.'s (SHSE:601188) 26% Share Price Gain Is Not Telling You

Jul 28
What Heilongjiang Transport Development Co., Ltd.'s (SHSE:601188) 26% Share Price Gain Is Not Telling You

Heilongjiang Transport Development's (SHSE:601188) Earnings Seem To Be Promising

Apr 05
Heilongjiang Transport Development's (SHSE:601188) Earnings Seem To Be Promising

Financial Position Analysis

Short Term Liabilities: 601188's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥340.6M).

Long Term Liabilities: 601188's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥237.2M).


Debt to Equity History and Analysis

Debt Level: 601188 has more cash than its total debt.

Reducing Debt: 601188's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.

Debt Coverage: 601188's debt is well covered by operating cash flow (169.4%).

Interest Coverage: 601188 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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