Huajin International Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Huajin International Holdings has a total shareholder equity of CN¥514.7M and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 443.1%. Its total assets and total liabilities are CN¥3.8B and CN¥3.3B respectively. Huajin International Holdings's EBIT is CN¥169.0M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥98.4M.
Key information
443.1%
Debt to equity ratio
CN¥2.28b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥98.39m |
| Equity | CN¥514.75m |
| Total liabilities | CN¥3.27b |
| Total assets | CN¥3.79b |
Recent financial health updates
Huajin International Holdings (HKG:2738) Has Debt But No Earnings; Should You Worry?
Nov 14
Health Check: How Prudently Does Huajin International Holdings (HKG:2738) Use Debt?
Apr 10Is Huajin International Holdings (HKG:2738) A Risky Investment?
Dec 25Health Check: How Prudently Does Huajin International Holdings (HKG:2738) Use Debt?
Sep 06Huajin International Holdings (HKG:2738) Seems To Use Debt Quite Sensibly
Apr 26Recent updates
Investors Give Huajin International Holdings Limited (HKG:2738) Shares A 31% Hiding
Apr 24The Returns At Huajin International Holdings (HKG:2738) Aren't Growing
Apr 06Huajin International Holdings Limited (HKG:2738) Soars 37% But It's A Story Of Risk Vs Reward
Mar 10Huajin International Holdings (HKG:2738) Has Debt But No Earnings; Should You Worry?
Nov 14Health Check: How Prudently Does Huajin International Holdings (HKG:2738) Use Debt?
Apr 10Is Huajin International Holdings (HKG:2738) A Risky Investment?
Dec 25Health Check: How Prudently Does Huajin International Holdings (HKG:2738) Use Debt?
Sep 06Huajin International Holdings (HKG:2738) Seems To Use Debt Quite Sensibly
Apr 26Huajin International Holdings (HKG:2738) Will Be Hoping To Turn Its Returns On Capital Around
Mar 29How Much Did Huajin International Holdings'(HKG:2738) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 01Our Take On The Returns On Capital At Huajin International Holdings (HKG:2738)
Dec 08
Financial Position Analysis
Short Term Liabilities: 2738's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.2B).
Long Term Liabilities: 2738's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 2738's net debt to equity ratio (424%) is considered high.
Reducing Debt: 2738's debt to equity ratio has increased from 144.8% to 443.1% over the past 5 years.
Debt Coverage: 2738's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2738's interest payments on its debt are not well covered by EBIT (2.2x coverage).