Quanzhou Huixin Micro-credit Balance Sheet Health
Financial Health criteria checks 5/6
Quanzhou Huixin Micro-credit has a total shareholder equity of CN¥1.2B and total debt of CN¥8.9M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.3B and CN¥51.3M respectively.
Key information
0.7%
Debt to equity ratio
CN¥8.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥397.73m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥51.29m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Quanzhou Huixin Micro-credit (HKG:1577) Is Paying Out A Dividend Of CN¥0.055
Jun 10
We Think Shareholders Are Less Likely To Approve A Pay Rise For Quanzhou Huixin Micro-credit Co., Ltd.'s (HKG:1577) CEO For Now
May 31Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577) Surges 36% Yet Its Low P/E Is No Reason For Excitement
May 21Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)
Feb 14With EPS Growth And More, Quanzhou Huixin Micro-credit (HKG:1577) Makes An Interesting Case
Oct 18Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059
Jun 13Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061
Jun 13Consider This Before Buying Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For The 5.2% Dividend
Apr 02If You Had Bought Quanzhou Huixin Micro-Credit's (HKG:1577) Shares Three Years Ago You Would Be Down 22%
Jan 28Trade Alert: Weiqi Wu At Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577), Has Just Spent CN¥433k Buying 1.3% More Shares
Jan 07Does It Make Sense To Buy Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For Its Yield?
Jan 02
Is Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) Popular Amongst Insiders?
Dec 06Financial Position Analysis
Short Term Liabilities: 1577's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥47.4M).
Long Term Liabilities: 1577's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥3.9M).
Debt to Equity History and Analysis
Debt Level: 1577 has more cash than its total debt.
Reducing Debt: 1577's debt to equity ratio has reduced from 14% to 0.7% over the past 5 years.
Debt Coverage: 1577's debt is well covered by operating cash flow (2245.7%).
Interest Coverage: Insufficient data to determine if 1577's interest payments on its debt are well covered by EBIT.