Harbin Air ConditioningLtd Balance Sheet Health
Financial Health criteria checks 4/6
Harbin Air ConditioningLtd has a total shareholder equity of CN¥856.7M and total debt of CN¥834.8M, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are CN¥3.0B and CN¥2.2B respectively. Harbin Air ConditioningLtd's EBIT is CN¥61.0M making its interest coverage ratio 2. It has cash and short-term investments of CN¥255.5M.
Key information
97.4%
Debt to equity ratio
CN¥834.76m
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥255.48m |
| Equity | CN¥856.73m |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥3.01b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Harbin Air Conditioning Co.,Ltd.'s (SHSE:600202) Low P/S
Dec 24
Harbin Air ConditioningLtd (SHSE:600202) Is Reinvesting At Lower Rates Of Return
Oct 29Harbin Air Conditioning Co.,Ltd.'s (SHSE:600202) Popularity With Investors Under Threat As Stock Sinks 30%
Jun 06Some May Be Optimistic About Harbin Air ConditioningLtd's (SHSE:600202) Earnings
Apr 15Harbin Air Conditioning Co.,Ltd.'s (SHSE:600202) 31% Share Price Surge Not Quite Adding Up
Mar 08Financial Position Analysis
Short Term Liabilities: 600202's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 600202's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥130.8M).
Debt to Equity History and Analysis
Debt Level: 600202's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: 600202's debt to equity ratio has increased from 53.3% to 97.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600202 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600202 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:01 |
| End of Day Share Price | 2024/12/25 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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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
Harbin Air Conditioning Co.,Ltd. is covered by 3 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 |
|---|---|
| Benhu He | First Capital Securities Co. LTD. |
| Chao Xu | Great Wall Securities Co., Ltd. |
| BenHu HE | Ping An Securities Co. Ltd. |