Hangcha Group Co., Ltd

SHSE:603298 Stock Report

Market Cap: CN¥26.1b

Hangcha Group Balance Sheet Health

Financial Health criteria checks 5/6

Hangcha Group has a total shareholder equity of CN¥9.6B and total debt of CN¥929.4M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥15.2B and CN¥5.6B respectively. Hangcha Group's EBIT is CN¥1.8B making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥4.0B.

Key information

9.7%

Debt to equity ratio

CN¥929.42m

Debt

Interest coverage ratio-5.5x
CashCN¥3.99b
EquityCN¥9.61b
Total liabilitiesCN¥5.59b
Total assetsCN¥15.20b

Recent financial health updates

Recent updates

An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

May 22
An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

May 09
Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 26
Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Apr 14
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

Mar 27
These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Feb 29
We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Financial Position Analysis

Short Term Liabilities: 603298's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥5.5B).

Long Term Liabilities: 603298's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥138.8M).


Debt to Equity History and Analysis

Debt Level: 603298 has more cash than its total debt.

Reducing Debt: 603298's debt to equity ratio has increased from 0.4% to 9.7% over the past 5 years.

Debt Coverage: 603298's debt is well covered by operating cash flow (172.1%).

Interest Coverage: 603298 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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