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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 05:25 |
| End of Day Share Price | 2025/01/23 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Honghua Group Limited is covered by 29 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 |
|---|---|
| Clement Chen | Barclays |
| Yong Liang Por | BNP Paribas Securities (Asia) |
| Cho Ming Lau | BOCI Research Ltd. |