China Hongqiao Group Limited

SHSC:1378 Stock Report

Market Cap: HK$123.0b

China Hongqiao Group Balance Sheet Health

Financial Health criteria checks 6/6

China Hongqiao Group has a total shareholder equity of CN¥110.1B and total debt of CN¥68.5B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are CN¥213.7B and CN¥103.6B respectively. China Hongqiao Group's EBIT is CN¥27.4B making its interest coverage ratio 13.1. It has cash and short-term investments of CN¥37.5B.

Key information

62.2%

Debt to equity ratio

CN¥68.51b

Debt

Interest coverage ratio13.1x
CashCN¥37.50b
EquityCN¥110.08b
Total liabilitiesCN¥103.63b
Total assetsCN¥213.71b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1378's short term assets (CN¥97.0B) exceed its short term liabilities (CN¥76.5B).

Long Term Liabilities: 1378's short term assets (CN¥97.0B) exceed its long term liabilities (CN¥27.2B).


Debt to Equity History and Analysis

Debt Level: 1378's net debt to equity ratio (28.2%) is considered satisfactory.

Reducing Debt: 1378's debt to equity ratio has reduced from 124% to 62.2% over the past 5 years.

Debt Coverage: 1378's debt is well covered by operating cash flow (43.2%).

Interest Coverage: 1378's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet


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