China Hongguang Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Hongguang Holdings has a total shareholder equity of CN¥326.8M and total debt of CN¥82.3M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are CN¥447.1M and CN¥120.2M respectively. China Hongguang Holdings's EBIT is CN¥35.4M making its interest coverage ratio 8.5. It has cash and short-term investments of CN¥75.0M.
Key information
25.2%
Debt to equity ratio
CN¥82.33m
Debt
| Interest coverage ratio | 8.5x |
| Cash | CN¥74.97m |
| Equity | CN¥326.82m |
| Total liabilities | CN¥120.23m |
| Total assets | CN¥447.06m |
Recent financial health updates
Is China Hongguang Holdings (HKG:8646) A Risky Investment?
May 31
China Hongguang Holdings (HKG:8646) Has A Rock Solid Balance Sheet
Sep 12Is China Hongguang Holdings (HKG:8646) Using Too Much Debt?
Sep 28Is China Hongguang Holdings (HKG:8646) A Risky Investment?
Apr 04Recent updates
There's No Escaping China Hongguang Holdings Limited's (HKG:8646) Muted Earnings Despite A 67% Share Price Rise
Nov 18Lacklustre Performance Is Driving China Hongguang Holdings Limited's (HKG:8646) 49% Price Drop
Oct 03Investors Still Aren't Entirely Convinced By China Hongguang Holdings Limited's (HKG:8646) Earnings Despite 33% Price Jump
Aug 19Returns On Capital At China Hongguang Holdings (HKG:8646) Paint A Concerning Picture
Aug 03Is China Hongguang Holdings (HKG:8646) A Risky Investment?
May 31China Hongguang Holdings (HKG:8646) Is Reinvesting At Lower Rates Of Return
May 01Solid Earnings May Not Tell The Whole Story For China Hongguang Holdings (HKG:8646)
Apr 04China Hongguang Holdings Limited's (HKG:8646) Low P/E No Reason For Excitement
Jan 09China Hongguang Holdings (HKG:8646) Has A Rock Solid Balance Sheet
Sep 12China Hongguang Holdings' (HKG:8646) Returns On Capital Not Reflecting Well On The Business
Aug 16There Are Reasons To Feel Uneasy About China Hongguang Holdings' (HKG:8646) Returns On Capital
Apr 18China Hongguang Holdings (HKG:8646) Is Reinvesting At Lower Rates Of Return
Jan 06Is China Hongguang Holdings (HKG:8646) Using Too Much Debt?
Sep 28The Returns On Capital At China Hongguang Holdings (HKG:8646) Don't Inspire Confidence
Aug 18Investors Could Be Concerned With China Hongguang Holdings' (HKG:8646) Returns On Capital
May 09Is China Hongguang Holdings (HKG:8646) A Risky Investment?
Apr 04China Hongguang Holdings' (HKG:8646) Returns On Capital Not Reflecting Well On The Business
Jan 04China Hongguang Holdings (HKG:8646) Could Be Struggling To Allocate Capital
Oct 06China Hongguang Holdings (HKG:8646) Is Reinvesting At Lower Rates Of Return
May 18The Trends At China Hongguang Holdings (HKG:8646) That You Should Know About
Feb 02Financial Position Analysis
Short Term Liabilities: 8646's short term assets (CN¥383.1M) exceed its short term liabilities (CN¥108.6M).
Long Term Liabilities: 8646's short term assets (CN¥383.1M) exceed its long term liabilities (CN¥11.7M).
Debt to Equity History and Analysis
Debt Level: 8646's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 8646's debt to equity ratio has reduced from 31.2% to 25.2% over the past 5 years.
Debt Coverage: 8646's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 8646's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 18:55 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Hongguang Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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