NINGBO HENGSHUAI Balance Sheet Health
Financial Health criteria checks 6/6
NINGBO HENGSHUAI has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥258.7M respectively. NINGBO HENGSHUAI's EBIT is CN¥229.8M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥600.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥600.51m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥258.72m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
NINGBO HENGSHUAI (SZSE:300969) Will Be Hoping To Turn Its Returns On Capital Around
Dec 27
Here's Why We Think NINGBO HENGSHUAI (SZSE:300969) Is Well Worth Watching
Oct 23After Leaping 35% NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Shares Are Not Flying Under The Radar
Oct 01Why NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Could Be Worth Watching
Sep 20Is There An Opportunity With NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) 28% Undervaluation?
Jul 12What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?
Jun 09NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?
Apr 25NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price
Apr 09Financial Position Analysis
Short Term Liabilities: 300969's short term assets (CN¥977.3M) exceed its short term liabilities (CN¥227.9M).
Long Term Liabilities: 300969's short term assets (CN¥977.3M) exceed its long term liabilities (CN¥30.8M).
Debt to Equity History and Analysis
Debt Level: 300969 is debt free.
Reducing Debt: 300969 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 300969 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300969 has no debt, therefore 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 | 2024/12/31 14:41 |
| End of Day Share Price | 2024/12/31 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NINGBO HENGSHUAI Co., LTD. is covered by 6 analysts. 3 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 |
|---|---|
| Jing Chang | China International Capital Corporation Limited |
| Xue Deng | China International Capital Corporation Limited |
| Mu Yuan | China International Capital Corporation Limited |