Huijing Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Huijing Holdings has a total shareholder equity of CN¥247.5M and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 2051.8%. Its total assets and total liabilities are CN¥10.5B and CN¥10.2B respectively.
Key information
2,051.8%
Debt to equity ratio
CN¥5.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥100.42m |
| Equity | CN¥247.52m |
| Total liabilities | CN¥10.21b |
| Total assets | CN¥10.46b |
Recent financial health updates
Is Huijing Holdings (HKG:9968) Using Debt Sensibly?
Sep 16
Is Huijing Holdings (HKG:9968) Using Debt Sensibly?
Jun 17These 4 Measures Indicate That Huijing Holdings (HKG:9968) Is Using Debt Extensively
Jun 15Huijing Holdings (HKG:9968) Takes On Some Risk With Its Use Of Debt
Apr 06Is Huijing Holdings (HKG:9968) Using Too Much Debt?
Dec 17
Recent updates
Is Huijing Holdings (HKG:9968) Using Debt Sensibly?
Sep 16Is Huijing Holdings (HKG:9968) Using Debt Sensibly?
Jun 17Huijing Holdings Company Limited's (HKG:9968) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 17Risks Still Elevated At These Prices As Huijing Holdings Company Limited (HKG:9968) Shares Dive 31%
Apr 22Huijing Holdings' (HKG:9968) Dividend Will Be Reduced To HK$0.025
Jun 27These 4 Measures Indicate That Huijing Holdings (HKG:9968) Is Using Debt Extensively
Jun 15Huijing Holdings' (HKG:9968) Problems Go Beyond Weak Profit
May 05Huijing Holdings (HKG:9968) Takes On Some Risk With Its Use Of Debt
Apr 06Is Huijing Holdings Company Limited's (HKG:9968) Stock's Recent Performance A Reflection Of Its Financial Health?
Feb 25What Percentage Of Huijing Holdings Company Limited (HKG:9968) Shares Do Insiders Own?
Jan 21Is Huijing Holdings (HKG:9968) Using Too Much Debt?
Dec 17Financial Position Analysis
Short Term Liabilities: 9968's short term assets (CN¥6.8B) do not cover its short term liabilities (CN¥10.2B).
Long Term Liabilities: 9968's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥60.1M).
Debt to Equity History and Analysis
Debt Level: 9968's net debt to equity ratio (2011.3%) is considered high.
Reducing Debt: 9968's debt to equity ratio has increased from 295.3% to 2051.8% 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: Whilst unprofitable 9968 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9968 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 53% per year.