Shenzhen Hopewind Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hopewind Electric has a total shareholder equity of CN¥4.2B and total debt of CN¥751.5M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are CN¥7.5B and CN¥3.3B respectively. Shenzhen Hopewind Electric's EBIT is CN¥457.4M making its interest coverage ratio 16.9. It has cash and short-term investments of CN¥1.4B.
Key information
17.9%
Debt to equity ratio
CN¥751.52m
Debt
| Interest coverage ratio | 16.9x |
| Cash | CN¥1.36b |
| Equity | CN¥4.20b |
| Total liabilities | CN¥3.33b |
| Total assets | CN¥7.53b |
Recent financial health updates
Here's Why Shenzhen Hopewind Electric (SHSE:603063) Can Manage Its Debt Responsibly
Oct 28
Is Shenzhen Hopewind Electric (SHSE:603063) Using Too Much Debt?
Mar 28Recent updates
A Piece Of The Puzzle Missing From Shenzhen Hopewind Electric Co., Ltd.'s (SHSE:603063) 25% Share Price Climb
Nov 01Here's Why Shenzhen Hopewind Electric (SHSE:603063) Can Manage Its Debt Responsibly
Oct 28Return Trends At Shenzhen Hopewind Electric (SHSE:603063) Aren't Appealing
Oct 13It's Down 25% But Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063) Could Be Riskier Than It Looks
Aug 27Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063) Shares Could Be 46% Below Their Intrinsic Value Estimate
Aug 03With EPS Growth And More, Shenzhen Hopewind Electric (SHSE:603063) Makes An Interesting Case
Jun 20Market Still Lacking Some Conviction On Shenzhen Hopewind Electric Co., Ltd. (SHSE:603063)
May 21Impressive 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¥5.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 603063's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.2B).
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 17.9% over the past 5 years.
Debt Coverage: 603063's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 603063's interest payments on its debt are well covered by EBIT (16.9x coverage).