Huaibei GreenGold Industry Investment Balance Sheet Health
Financial Health criteria checks 1/6
Huaibei GreenGold Industry Investment has a total shareholder equity of CN¥647.8M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 239.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.9B respectively. Huaibei GreenGold Industry Investment's EBIT is CN¥85.7M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥569.7M.
Key information
239.3%
Debt to equity ratio
CN¥1.55b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥569.65m |
| Equity | CN¥647.81m |
| Total liabilities | CN¥1.93b |
| Total assets | CN¥2.58b |
Recent financial health updates
Recent updates
The Returns On Capital At Huaibei GreenGold Industry Investment (HKG:2450) Don't Inspire Confidence
Nov 20
Here's Why Huaibei GreenGold Industry Investment (HKG:2450) Is Weighed Down By Its Debt Load
Aug 30Some Investors May Be Worried About Huaibei GreenGold Industry Investment's (HKG:2450) Returns On Capital
May 23Huaibei GreenGold Industry Investment (HKG:2450) Is Reinvesting At Lower Rates Of Return
Feb 03Financial Position Analysis
Short Term Liabilities: 2450's short term assets (CN¥621.8M) exceed its short term liabilities (CN¥467.1M).
Long Term Liabilities: 2450's short term assets (CN¥621.8M) do not cover its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 2450's net debt to equity ratio (151.3%) is considered high.
Reducing Debt: Insufficient data to determine if 2450's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2450's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 2450's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 17:35 |
| End of Day Share Price | 2025/01/10 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
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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
Huaibei GreenGold Industry Investment Co., Ltd. is covered by 0 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 |
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