Texhong International Group Balance Sheet Health
Financial Health criteria checks 2/6
Texhong International Group has a total shareholder equity of CN¥9.8B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are CN¥22.8B and CN¥13.1B respectively. Texhong International Group's EBIT is CN¥516.0M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥2.5B.
Key information
104.9%
Debt to equity ratio
CN¥10.23b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥2.50b |
| Equity | CN¥9.76b |
| Total liabilities | CN¥13.06b |
| Total assets | CN¥22.81b |
Recent financial health updates
Is Texhong International Group (HKG:2678) A Risky Investment?
Oct 04
Is Texhong Textile Group (HKG:2678) A Risky Investment?
Oct 28Texhong Textile Group (HKG:2678) Has A Pretty Healthy Balance Sheet
Apr 08Is Texhong Textile Group (HKG:2678) A Risky Investment?
Nov 26Here's Why Texhong Textile Group (HKG:2678) Can Manage Its Debt Responsibly
Aug 26Recent updates
Is There An Opportunity With Texhong International Group Limited's (HKG:2678) 33% Undervaluation?
Mar 21Calculating The Intrinsic Value Of Texhong International Group Limited (HKG:2678)
Dec 09Is Texhong International Group (HKG:2678) A Risky Investment?
Oct 04What Is Texhong International Group Limited's (HKG:2678) Share Price Doing?
Aug 21Calculating The Fair Value Of Texhong International Group Limited (HKG:2678)
Jul 27Should You Think About Buying Texhong International Group Limited (HKG:2678) Now?
Mar 13Is Texhong Textile Group (HKG:2678) A Risky Investment?
Oct 28Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?
May 06Texhong Textile Group (HKG:2678) Has A Pretty Healthy Balance Sheet
Apr 08Texhong Textile Group (HKG:2678) Is Increasing Its Dividend To HK$0.57
Mar 18Should You Investigate Texhong Textile Group Limited (HKG:2678) At HK$10.64?
Jan 13Is Texhong Textile Group (HKG:2678) A Risky Investment?
Nov 26What Does Texhong Textile Group Limited's (HKG:2678) Share Price Indicate?
Oct 07Here's Why Texhong Textile Group (HKG:2678) Can Manage Its Debt Responsibly
Aug 26Is Now An Opportune Moment To Examine Texhong Textile Group Limited (HKG:2678)?
Jun 15These 4 Measures Indicate That Texhong Textile Group (HKG:2678) Is Using Debt Extensively
May 16Texhong Textile Group Limited (HKG:2678) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥9.61
Mar 16Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?
Mar 02Texhong Textile Group (HKG:2678) Has Gifted Shareholders With A Fantastic 127% Total Return On Their Investment
Feb 09
Taking A Look At Texhong Textile Group Limited's (HKG:2678) ROE
Jan 19Is Texhong Textile Group (HKG:2678) Using Too Much Debt?
Dec 29What Kind Of Shareholders Hold The Majority In Texhong Textile Group Limited's (HKG:2678) Shares?
Dec 08Financial Position Analysis
Short Term Liabilities: 2678's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 2678's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 2678's net debt to equity ratio (79.3%) is considered high.
Reducing Debt: 2678's debt to equity ratio has increased from 104.3% to 104.9% over the past 5 years.
Debt Coverage: 2678's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 2678's interest payments on its debt are not well covered by EBIT (1.2x coverage).