Xinyi Electric Storage Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Xinyi Electric Storage Holdings has a total shareholder equity of HK$1.2B and total debt of HK$532.2M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are HK$2.3B and HK$1.1B respectively. Xinyi Electric Storage Holdings's EBIT is HK$108.8M making its interest coverage ratio 7.9. It has cash and short-term investments of HK$214.0M.
Key information
43.4%
Debt to equity ratio
HK$532.16m
Debt
| Interest coverage ratio | 7.9x |
| Cash | HK$214.02m |
| Equity | HK$1.23b |
| Total liabilities | HK$1.11b |
| Total assets | HK$2.33b |
Recent financial health updates
These 4 Measures Indicate That Xinyi Electric Storage Holdings (HKG:8328) Is Using Debt Reasonably Well
Mar 26
Xinyi Electric Storage Holdings (HKG:8328) Has A Somewhat Strained Balance Sheet
Aug 23Is Xinyi Electric Storage Holdings (HKG:8328) A Risky Investment?
May 11We Think Xinyi Electric Storage Holdings (HKG:8328) Can Stay On Top Of Its Debt
Dec 09Recent updates
Xinyi Electric Storage Holdings Limited's (HKG:8328) 26% Cheaper Price Remains In Tune With Earnings
Apr 16These 4 Measures Indicate That Xinyi Electric Storage Holdings (HKG:8328) Is Using Debt Reasonably Well
Mar 26Risks Still Elevated At These Prices As Xinyi Electric Storage Holdings Limited (HKG:8328) Shares Dive 26%
Feb 11There Are Reasons To Feel Uneasy About Xinyi Electric Storage Holdings' (HKG:8328) Returns On Capital
Jan 06Xinyi Electric Storage Holdings (HKG:8328) Has A Somewhat Strained Balance Sheet
Aug 23Returns On Capital Signal Tricky Times Ahead For Xinyi Electric Storage Holdings (HKG:8328)
Jul 25Is Xinyi Electric Storage Holdings (HKG:8328) A Risky Investment?
May 11Here's What's Concerning About Xinyi Electric Storage Holdings' (HKG:8328) Returns On Capital
Apr 19We Ran A Stock Scan For Earnings Growth And Xinyi Electric Storage Holdings (HKG:8328) Passed With Ease
Jan 09Should You Be Adding Xinyi Electric Storage Holdings (HKG:8328) To Your Watchlist Today?
Oct 10We Think Xinyi Electric Storage Holdings (HKG:8328) Can Stay On Top Of Its Debt
Dec 09We Like These Underlying Return On Capital Trends At Xinyi Electric Storage Holdings (HKG:8328)
May 20Ching Sai Tung Is The Non-Executive Chairman of the Board of Xinyi Electric Storage Holdings Limited (HKG:8328) And Just Spent HK$6.0m On Shares
Mar 09Here’s What’s Happening With Returns At Xinyi Electric Storage Holdings (HKG:8328)
Feb 16If You Had Bought Xinyi Automobile Glass Hong Kong Enterprises (HKG:8328) Shares A Year Ago You'd Have Earned 174% Returns
Jan 26What Is The Ownership Structure Like For Xinyi Automobile Glass Hong Kong Enterprises Limited (HKG:8328)?
Jan 05
Xinyi Automobile Glass Hong Kong Enterprises Limited's (HKG:8328) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 16Read This Before Selling Xinyi Automobile Glass Hong Kong Enterprises Limited (HKG:8328) Shares
Nov 24Financial Position Analysis
Short Term Liabilities: 8328's short term assets (HK$1.1B) exceed its short term liabilities (HK$907.4M).
Long Term Liabilities: 8328's short term assets (HK$1.1B) exceed its long term liabilities (HK$200.7M).
Debt to Equity History and Analysis
Debt Level: 8328's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 8328's debt to equity ratio has increased from 0% to 43.4% over the past 5 years.
Debt Coverage: 8328's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8328's interest payments on its debt are well covered by EBIT (7.9x coverage).