Haosen Fintech Group Balance Sheet Health
Financial Health criteria checks 4/6
Haosen Fintech Group has a total shareholder equity of CN¥573.7M and total debt of CN¥176.8M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥784.7M and CN¥211.0M respectively.
Key information
30.8%
Debt to equity ratio
CN¥176.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥26.34m |
| Equity | CN¥573.70m |
| Total liabilities | CN¥210.98m |
| Total assets | CN¥784.68m |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Haosen Fintech Group Limited's (HKG:3848) Tunnel And Push Stock Down 91%
Apr 09
What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
Mar 01Can You Imagine How Wealthy Way Group's (HKG:3848) Shareholders Feel About The 25% Share Price Increase?
Jan 24
What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
Nov 30Financial Position Analysis
Short Term Liabilities: 3848's short term assets (CN¥728.9M) exceed its short term liabilities (CN¥209.2M).
Long Term Liabilities: 3848's short term assets (CN¥728.9M) exceed its long term liabilities (CN¥1.7M).
Debt to Equity History and Analysis
Debt Level: 3848's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: 3848's debt to equity ratio has reduced from 115.9% to 30.8% over the past 5 years.
Debt Coverage: 3848's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3848's interest payments on its debt are well covered by EBIT.