Hang Zhou Radical Energy-Saving Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hang Zhou Radical Energy-Saving Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥20.1M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥1.8B and CN¥387.5M respectively. Hang Zhou Radical Energy-Saving Technology's EBIT is CN¥111.4M making its interest coverage ratio -23.8. It has cash and short-term investments of CN¥662.8M.
Key information
1.5%
Debt to equity ratio
CN¥20.10m
Debt
| Interest coverage ratio | -23.8x |
| Cash | CN¥662.77m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥387.55m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Hang Zhou Radical Energy-Saving Technology Co., Ltd.'s (SZSE:300652) Earnings Yet As Shares Tumble 30%
Nov 27
Capital Allocation Trends At Hang Zhou Radical Energy-Saving Technology (SZSE:300652) Aren't Ideal
Nov 26Concerns Surrounding Hang Zhou Radical Energy-Saving Technology's (SZSE:300652) Performance
Nov 04Is Now The Time To Put Hang Zhou Radical Energy-Saving Technology (SZSE:300652) On Your Watchlist?
Oct 22Hang Zhou Radical Energy-Saving Technology Co., Ltd. (SZSE:300652) Stock Catapults 31% Though Its Price And Business Still Lag The Market
Sep 30Hang Zhou Radical Energy-Saving Technology's (SZSE:300652) Dividend Will Be Increased To CN¥0.50
May 23Additional Considerations Required While Assessing Hang Zhou Radical Energy-Saving Technology's (SZSE:300652) Strong Earnings
May 06Hang Zhou Radical Energy-Saving Technology Co., Ltd.'s (SZSE:300652) Shares Bounce 34% But Its Business Still Trails The Market
Mar 08Financial Position Analysis
Short Term Liabilities: 300652's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥382.9M).
Long Term Liabilities: 300652's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 300652 has more cash than its total debt.
Reducing Debt: 300652's debt to equity ratio has reduced from 65.5% to 1.5% over the past 5 years.
Debt Coverage: 300652's debt is well covered by operating cash flow (347%).
Interest Coverage: 300652 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/26 07:12 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Hang Zhou Radical Energy-Saving Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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