Honghua Group Balance Sheet Health
Financial Health criteria checks 4/6
Honghua Group has a total shareholder equity of CN¥3.6B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are CN¥12.8B and CN¥9.1B respectively.
Key information
133.7%
Debt to equity ratio
CN¥4.84b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.01b |
| Equity | CN¥3.62b |
| Total liabilities | CN¥9.15b |
| Total assets | CN¥12.77b |
Recent financial health updates
Is Honghua Group (HKG:196) A Risky Investment?
May 03
Is Honghua Group (HKG:196) A Risky Investment?
Mar 30These 4 Measures Indicate That Honghua Group (HKG:196) Is Using Debt In A Risky Way
Dec 07Recent updates
Market Might Still Lack Some Conviction On Honghua Group Limited (HKG:196) Even After 58% Share Price Boost
Oct 02Is Honghua Group (HKG:196) A Risky Investment?
May 03Some Investors May Be Worried About Honghua Group's (HKG:196) Returns On Capital
Jan 12Returns At Honghua Group (HKG:196) Are On The Way Up
Mar 16Returns Are Gaining Momentum At Honghua Group (HKG:196)
Sep 14Honghua Group (HKG:196) Is Doing The Right Things To Multiply Its Share Price
May 22Is Honghua Group (HKG:196) A Risky Investment?
Mar 30Here's Why We Don't Think Honghua Group's (HKG:196) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 17Honghua Group's(HKG:196) Share Price Is Down 74% Over The Past Three Years.
Jan 22
Will the Promising Trends At Honghua Group (HKG:196) Continue?
Dec 27These 4 Measures Indicate That Honghua Group (HKG:196) Is Using Debt In A Risky Way
Dec 07What Did Honghua Group's (HKG:196) CEO Take Home Last Year?
Nov 20Financial Position Analysis
Short Term Liabilities: 196's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 196's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 196's net debt to equity ratio (105.9%) is considered high.
Reducing Debt: 196's debt to equity ratio has increased from 84.5% to 133.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 196 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 196 has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 0.5% each year.