Huajin International Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Huajin International Holdings has a total shareholder equity of CN¥531.9M and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 542.2%. Its total assets and total liabilities are CN¥4.3B and CN¥3.7B respectively. Huajin International Holdings's EBIT is CN¥131.0M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥55.0M.
Key information
542.2%
Debt to equity ratio
CN¥2.88b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥55.04m |
| Equity | CN¥531.88m |
| Total liabilities | CN¥3.72b |
| Total assets | CN¥4.25b |
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
The Returns At Huajin International Holdings (HKG:2738) Aren't Growing
Sep 05There May Be Underlying Issues With The Quality Of Huajin International Holdings' (HKG:2738) Earnings
May 06Investors 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¥2.2B) do not cover its short term liabilities (CN¥2.7B).
Long Term Liabilities: 2738's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 2738's net debt to equity ratio (531.9%) is considered high.
Reducing Debt: 2738's debt to equity ratio has increased from 122.2% to 542.2% 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 (1.5x coverage).