Ningbo Haitian Precision Machinery Co.,Ltd.

SHSE:601882 Stock Report

Market Cap: CN¥11.3b

Ningbo Haitian Precision MachineryLtd Balance Sheet Health

Financial Health criteria checks 6/6

Ningbo Haitian Precision MachineryLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.8B and CN¥2.2B respectively. Ningbo Haitian Precision MachineryLtd's EBIT is CN¥549.0M making its interest coverage ratio -20.4. It has cash and short-term investments of CN¥1.1B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-20.4x
CashCN¥1.08b
EquityCN¥2.58b
Total liabilitiesCN¥2.20b
Total assetsCN¥4.78b

Recent financial health updates

No updates

Recent updates

Ningbo Haitian Precision Machinery Co.,Ltd.'s (SHSE:601882) Low P/E No Reason For Excitement

Nov 27
Ningbo Haitian Precision Machinery Co.,Ltd.'s (SHSE:601882) Low P/E No Reason For Excitement

Ningbo Haitian Precision MachineryLtd (SHSE:601882) Is Very Good At Capital Allocation

Oct 22
Ningbo Haitian Precision MachineryLtd (SHSE:601882) Is Very Good At Capital Allocation

Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Sep 01
Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Returns On Capital Are A Standout For Ningbo Haitian Precision MachineryLtd (SHSE:601882)

Jul 19
Returns On Capital Are A Standout For Ningbo Haitian Precision MachineryLtd (SHSE:601882)

Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Looks Inexpensive But Perhaps Not Attractive Enough

Jun 17
Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Looks Inexpensive But Perhaps Not Attractive Enough

Should You Be Adding Ningbo Haitian Precision MachineryLtd (SHSE:601882) To Your Watchlist Today?

May 24
Should You Be Adding Ningbo Haitian Precision MachineryLtd (SHSE:601882) To Your Watchlist Today?

Ningbo Haitian Precision MachineryLtd's (SHSE:601882) Promising Earnings May Rest On Soft Foundations

Apr 01
Ningbo Haitian Precision MachineryLtd's (SHSE:601882) Promising Earnings May Rest On Soft Foundations

Earnings Report: Ningbo Haitian Precision Machinery Co.,Ltd. Missed Revenue Estimates By 8.8%

Mar 29
Earnings Report: Ningbo Haitian Precision Machinery Co.,Ltd. Missed Revenue Estimates By 8.8%

Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Feb 29
Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882) Stock Catapults 26% Though Its Price And Business Still Lag The Market

The Trend Of High Returns At Ningbo Haitian Precision MachineryLtd (SHSE:601882) Has Us Very Interested

Feb 28
The Trend Of High Returns At Ningbo Haitian Precision MachineryLtd (SHSE:601882) Has Us Very Interested

Financial Position Analysis

Short Term Liabilities: 601882's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: 601882's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥148.3M).

Debt to Equity History and Analysis

Debt Level: 601882 is debt free.

Reducing Debt: 601882 had no debt 5 years ago.

Debt Coverage: 601882 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 601882 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 Analysis2024/12/24 12:47
End of Day Share Price 2024/12/24 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 Haitian Precision Machinery Co.,Ltd. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pei LuChina Galaxy Securities Co., Ltd.
Haibo LiuCitic Securities Co., Ltd.
Yuewei ZhaoHaitong International Research Limited