Shenzhen Hopewind Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hopewind Electric has a total shareholder equity of CN¥4.1B and total debt of CN¥758.4M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are CN¥7.2B and CN¥3.2B respectively. Shenzhen Hopewind Electric's EBIT is CN¥546.3M making its interest coverage ratio 20. It has cash and short-term investments of CN¥1.2B.
Key information
18.5%
Debt to equity ratio
CN¥758.38m
Debt
| Interest coverage ratio | 20x |
| Cash | CN¥1.20b |
| Equity | CN¥4.09b |
| Total liabilities | CN¥3.15b |
| Total assets | CN¥7.24b |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063)
May 21
Impressive Earnings May Not Tell The Whole Story For Shenzhen Hopewind Electric (SHSE:603063)
Apr 29Some Analysts Just Cut Their Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063) Estimates
Apr 25Is Shenzhen Hopewind Electric (SHSE:603063) Using Too Much Debt?
Mar 28A Look At The Fair Value Of Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063)
Mar 14Financial Position Analysis
Short Term Liabilities: 603063's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 603063's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥956.5M).
Debt to Equity History and Analysis
Debt Level: 603063 has more cash than its total debt.
Reducing Debt: 603063's debt to equity ratio has increased from 0.8% to 18.5% over the past 5 years.
Debt Coverage: 603063's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 603063's interest payments on its debt are well covered by EBIT (20x coverage).