NINGBO HENGSHUAI Co., LTD.

SZSE:300969 Stock Report

Market Cap: CN¥7.6b

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
CashCN¥600.51m
EquityCN¥1.23b
Total liabilitiesCN¥258.72m
Total assetsCN¥1.49b

Recent financial health updates

No updates

Recent updates

Is Now The Time To Look At Buying NINGBO HENGSHUAI Co., LTD. (SZSE:300969)?

Jan 24
Is Now The Time To Look At Buying NINGBO HENGSHUAI Co., LTD. (SZSE:300969)?

NINGBO HENGSHUAI (SZSE:300969) Will Be Hoping To Turn Its Returns On Capital Around

Dec 27
NINGBO HENGSHUAI (SZSE:300969) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why We Think NINGBO HENGSHUAI (SZSE:300969) Is Well Worth Watching

Oct 23
Here's Why We Think NINGBO HENGSHUAI (SZSE:300969) Is Well Worth Watching

After Leaping 35% NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Shares Are Not Flying Under The Radar

Oct 01
After Leaping 35% NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Shares Are Not Flying Under The Radar

Why NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Could Be Worth Watching

Sep 20
Why NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Could Be Worth Watching

Is There An Opportunity With NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) 28% Undervaluation?

Jul 12
Is There An Opportunity With NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) 28% Undervaluation?

What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?

Jun 09
What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?

NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 03
NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?

Apr 25
Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?

NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price

Apr 09
NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price

Financial 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

DataLast Updated (UTC time)
Company Analysis2025/02/02 06:14
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Jing ChangChina International Capital Corporation Limited
Xue DengChina International Capital Corporation Limited
Mu YuanChina International Capital Corporation Limited