China Huirong Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Huirong Financial Holdings has a total shareholder equity of CN¥2.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are CN¥3.5B and CN¥1.4B respectively. China Huirong Financial Holdings's EBIT is CN¥169.3M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥234.6M.
Key information
53.5%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥234.58m |
| Equity | CN¥2.18b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥3.54b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With China Huirong Financial Holdings Limited's (HKG:1290) Prospects
Aug 02
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 24
China 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¥2.9B) exceed its short term liabilities (CN¥960.3M).
Long Term Liabilities: 1290's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥408.9M).
Debt to Equity History and Analysis
Debt Level: 1290's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 1290's debt to equity ratio has reduced from 57.5% to 53.5% 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 (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 09:29 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
China Huirong Financial 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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