Huadian Liaoning Energy DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Huadian Liaoning Energy DevelopmentLtd has a total shareholder equity of CN¥917.0M and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 1311.2%. Its total assets and total liabilities are CN¥13.7B and CN¥12.7B respectively. Huadian Liaoning Energy DevelopmentLtd's EBIT is CN¥379.7M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥738.4M.
Key information
1,311.2%
Debt to equity ratio
CN¥12.02b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥738.42m |
| Equity | CN¥916.96m |
| Total liabilities | CN¥12.75b |
| Total assets | CN¥13.67b |
Recent financial health updates
No updates
Recent updates
The Return Trends At Huadian Liaoning Energy DevelopmentLtd (SHSE:600396) Look Promising
Oct 28
Huadian Liaoning Energy Development Co.,Ltd's (SHSE:600396) Business And Shares Still Trailing The Industry
Oct 01We Like These Underlying Return On Capital Trends At Huadian Liaoning Energy DevelopmentLtd (SHSE:600396)
Jul 27Lacklustre Performance Is Driving Huadian Liaoning Energy Development Co.,Ltd's (SHSE:600396) 27% Price Drop
Jun 27We Think Huadian Liaoning Energy DevelopmentLtd's (SHSE:600396) Solid Earnings Are Understated
May 01The Market Doesn't Like What It Sees From Huadian Liaoning Energy Development Co.,Ltd's (SHSE:600396) Revenues Yet
Apr 17Financial Position Analysis
Short Term Liabilities: 600396's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 600396's short term assets (CN¥2.1B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 600396's net debt to equity ratio (1230.6%) is considered high.
Reducing Debt: 600396's debt to equity ratio has increased from 607.9% to 1311.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600396 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600396 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.7% per year.