Changhong Jiahua Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Changhong Jiahua Holdings has a total shareholder equity of HK$2.8B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are HK$17.4B and HK$14.6B respectively. Changhong Jiahua Holdings's EBIT is HK$568.2M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$1.2B.
Key information
63.3%
Debt to equity ratio
HK$1.78b
Debt
| Interest coverage ratio | 3.7x |
| Cash | HK$1.21b |
| Equity | HK$2.81b |
| Total liabilities | HK$14.59b |
| Total assets | HK$17.41b |
Recent financial health updates
No updates
Recent updates
Changhong Jiahua Holdings' (HKG:3991) Dividend Will Be HK$0.05
May 26
Changhong Jiahua Holdings (HKG:3991) Has Announced A Dividend Of HK$0.05
Apr 03Changhong Jiahua Holdings (HKG:3991) Has Affirmed Its Dividend Of HK$0.05
Apr 27Changhong Jiahua Holdings (HKG:3991) Has Announced A Dividend Of HK$0.05
Apr 04Calculating The Intrinsic Value Of Changhong Jiahua Holdings Limited (HKG:3991)
Jan 10A Look At The Fair Value Of Changhong Jiahua Holdings Limited (HKG:3991)
Sep 14Estimating The Fair Value Of Changhong Jiahua Holdings Limited (HKG:3991)
May 04Is Changhong Jiahua Holdings (HKG:3991) A Compounding Machine?
Feb 28Should You Buy Changhong Jiahua Holdings Limited (HKG:3991) For Its Dividend?
Feb 10
What Type Of Returns Would Changhong Jiahua Holdings'(HKG:3991) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 25Is Weakness In Changhong Jiahua Holdings Limited (HKG:3991) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 11Here's Why We Don't Think Changhong Jiahua Holdings's (HKG:3991) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 21Read This Before Selling Changhong Jiahua Holdings Limited (HKG:3991) Shares
Dec 07Is Changhong Jiahua Holdings (HKG:3991) A Compounding Machine?
Nov 22Financial Position Analysis
Short Term Liabilities: 3991's short term assets (HK$17.3B) exceed its short term liabilities (HK$14.6B).
Long Term Liabilities: 3991's short term assets (HK$17.3B) exceed its long term liabilities (HK$8.5M).
Debt to Equity History and Analysis
Debt Level: 3991's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: 3991's debt to equity ratio has increased from 50.8% to 63.3% over the past 5 years.
Debt Coverage: 3991's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3991's interest payments on its debt are well covered by EBIT (3.7x coverage).