China Weaving Materials Holdings Balance Sheet Health
Financial Health criteria checks 2/6
China Weaving Materials Holdings has a total shareholder equity of CN¥688.5M and total debt of CN¥476.2M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are CN¥1.5B and CN¥811.5M respectively.
Key information
69.2%
Debt to equity ratio
CN¥476.16m
Debt
Interest coverage ratio | n/a |
Cash | CN¥190.07m |
Equity | CN¥688.53m |
Total liabilities | CN¥811.51m |
Total assets | CN¥1.50b |
Recent financial health updates
Does China Weaving Materials Holdings (HKG:3778) Have A Healthy Balance Sheet?
Oct 13China Weaving Materials Holdings (HKG:3778) Seems To Use Debt Quite Sensibly
May 25Here's Why China Weaving Materials Holdings (HKG:3778) Has A Meaningful Debt Burden
May 03Recent updates
Does China Weaving Materials Holdings (HKG:3778) Have A Healthy Balance Sheet?
Oct 13China Weaving Materials Holdings (HKG:3778) Is Very Good At Capital Allocation
Jul 08China Weaving Materials Holdings (HKG:3778) Seems To Use Debt Quite Sensibly
May 25Estimating The Fair Value Of China Weaving Materials Holdings Limited (HKG:3778)
Mar 15There's Been No Shortage Of Growth Recently For China Weaving Materials Holdings' (HKG:3778) Returns On Capital
Aug 09We Think You Should Be Aware Of Some Concerning Factors In China Weaving Materials Holdings' (HKG:3778) Earnings
May 13Here's Why China Weaving Materials Holdings (HKG:3778) Has A Meaningful Debt Burden
May 03China Weaving Materials Holdings (HKG:3778) Shareholders Have Enjoyed A 23% Share Price Gain
Mar 11Is This A Sign of Things To Come At China Weaving Materials Holdings (HKG:3778)?
Jan 18Would Shareholders Who Purchased China Weaving Materials Holdings' (HKG:3778) Stock Five Years Be Happy With The Share price Today?
Nov 25Financial Position Analysis
Short Term Liabilities: 3778's short term assets (CN¥512.8M) do not cover its short term liabilities (CN¥712.0M).
Long Term Liabilities: 3778's short term assets (CN¥512.8M) exceed its long term liabilities (CN¥99.5M).
Debt to Equity History and Analysis
Debt Level: 3778's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 3778's debt to equity ratio has reduced from 70.8% to 69.2% over the past 5 years.
Debt Coverage: 3778's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3778's interest payments on its debt are well covered by EBIT.