Hichain LogisticsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hichain LogisticsLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥400.0M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥4.4B and CN¥1.2B respectively. Hichain LogisticsLtd's EBIT is CN¥252.1M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.6B.
Key information
12.4%
Debt to equity ratio
CN¥400.00m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥1.63b |
| Equity | CN¥3.23b |
| Total liabilities | CN¥1.22b |
| Total assets | CN¥4.45b |
Recent financial health updates
Recent updates
Hichain LogisticsLtd (SZSE:300873) Seems To Use Debt Quite Sensibly
Oct 22
The Market Lifts Hichain Logistics Co.,Ltd. (SZSE:300873) Shares 26% But It Can Do More
Sep 30Hichain LogisticsLtd's (SZSE:300873) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 02Hichain LogisticsLtd (SZSE:300873) May Have Issues Allocating Its Capital
Apr 17Hichain Logistics Co.,Ltd. (SZSE:300873) Could Be Riskier Than It Looks
Mar 06Financial Position Analysis
Short Term Liabilities: 300873's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300873's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥120.2M).
Debt to Equity History and Analysis
Debt Level: 300873 has more cash than its total debt.
Reducing Debt: 300873's debt to equity ratio has increased from 0.1% to 12.4% over the past 5 years.
Debt Coverage: 300873's debt is well covered by operating cash flow (142.3%).
Interest Coverage: 300873 earns more interest than it pays, so coverage of interest payments is not a concern.