Quanzhou Huixin Micro-credit Balance Sheet Health
Financial Health criteria checks 5/6
Quanzhou Huixin Micro-credit has a total shareholder equity of CN¥1.3B and total debt of CN¥9.9M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.3B and CN¥34.4M respectively.
Key information
0.8%
Debt to equity ratio
CN¥9.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥361.16m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥34.36m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)
Feb 14
With 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¥27.8M).
Long Term Liabilities: 1577's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥6.5M).
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 18.8% to 0.8% over the past 5 years.
Debt Coverage: 1577's debt is well covered by operating cash flow (683.3%).
Interest Coverage: Insufficient data to determine if 1577's interest payments on its debt are well covered by EBIT.