Luzhou Xinglu Water (Group) Co., Ltd.

SEHK:2281 Stock Report

Market Cap: HK$541.6m

Luzhou Xinglu Water (Group) Balance Sheet Health

Financial Health criteria checks 3/6

Luzhou Xinglu Water (Group) has a total shareholder equity of CN¥3.0B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 99.7%. Its total assets and total liabilities are CN¥7.1B and CN¥4.0B respectively. Luzhou Xinglu Water (Group)'s EBIT is CN¥294.0M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥498.2M.

Key information

99.7%

Debt to equity ratio

CN¥3.02b

Debt

Interest coverage ratio4.8x
CashCN¥498.23m
EquityCN¥3.03b
Total liabilitiesCN¥4.02b
Total assetsCN¥7.05b

Recent financial health updates

Recent updates

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Aug 19
Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jul 03
Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward

May 13
Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward

Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky

Aug 30
Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky

Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Jun 12
Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055

Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Sep 01
Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return

Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059

Jun 13
Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059

Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden

Sep 20
Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden

Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073

Jun 13
Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073

Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return

May 09
Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return

A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns

Mar 14
A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns

Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?

Feb 07
Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?

What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?

Dec 27
What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?

Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?

Dec 09
Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?

What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Nov 24
What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Financial Position Analysis

Short Term Liabilities: 2281's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 2281's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥2.8B).


Debt to Equity History and Analysis

Debt Level: 2281's net debt to equity ratio (83.2%) is considered high.

Reducing Debt: 2281's debt to equity ratio has increased from 83.4% to 99.7% over the past 5 years.

Debt Coverage: 2281's debt is well covered by operating cash flow (22.4%).

Interest Coverage: 2281's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


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