Honghua Group Balance Sheet Health
Financial Health criteria checks 2/6
Honghua Group has a total shareholder equity of CN¥3.6B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are CN¥12.5B and CN¥8.9B respectively.
Key information
124.8%
Debt to equity ratio
CN¥4.47b
Debt
Interest coverage ratio | n/a |
Cash | CN¥804.20m |
Equity | CN¥3.58b |
Total liabilities | CN¥8.94b |
Total assets | CN¥12.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4HB's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 4HB's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 4HB's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: 4HB's debt to equity ratio has increased from 72.3% to 124.8% 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: Insufficient data to determine if 4HB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4HB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.