China Huirong Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Huirong Financial Holdings has a total shareholder equity of CN¥2.2B and total debt of CN¥938.8M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.1B respectively. China Huirong Financial Holdings's EBIT is CN¥138.1M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥258.0M.
Key information
43.3%
Debt to equity ratio
CN¥938.78m
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥258.00m |
Equity | CN¥2.17b |
Total liabilities | CN¥1.14b |
Total assets | CN¥3.30b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By China Huirong Financial Holdings Limited's (HKG:1290) 29% Share Price Surge
Mar 06Is China Huirong Financial Holdings Limited's (HKG:1290) Shareholder Ownership Skewed Towards Insiders?
Mar 14Should You Take Comfort From Insider Transactions At China Huirong Financial Holdings Limited (HKG:1290)?
Feb 14Factors Income Investors Should Consider Before Adding China Huirong Financial Holdings Limited (HKG:1290) To Their Portfolio
Jan 24China Huirong Financial Holdings'(HKG:1290) Share Price Is Down 28% Over The Past Three Years.
Jan 03Here's What China Huirong Financial Holdings Limited's (HKG:1290) Shareholder Ownership Structure Looks Like
Dec 13Key Things To Understand About China Huirong Financial Holdings' (HKG:1290) CEO Pay Cheque
Nov 25Financial Position Analysis
Short Term Liabilities: 1290's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥760.1M).
Long Term Liabilities: 1290's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥375.0M).
Debt to Equity History and Analysis
Debt Level: 1290's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 1290's debt to equity ratio has reduced from 44.8% to 43.3% over the past 5 years.
Debt Coverage: 1290's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1290's interest payments on its debt are well covered by EBIT (3.4x coverage).