Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology has a total shareholder equity of CN¥6.2B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are CN¥21.7B and CN¥15.5B respectively. Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology's EBIT is CN¥1.3B making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥314.1M.
Key information
74.4%
Debt to equity ratio
CN¥4.61b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥314.15m |
| Equity | CN¥6.20b |
| Total liabilities | CN¥15.49b |
| Total assets | CN¥21.68b |
Recent financial health updates
Zhejiang Huatie Emergency Equipment Science & TechnologyLtd (SHSE:603300) Seems To Use Debt Quite Sensibly
Oct 15
Zhejiang Huatie Emergency Equipment Science & TechnologyLtd (SHSE:603300) Has A Pretty Healthy Balance Sheet
Mar 26Recent updates
Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology Co., Ltd.'s (SHSE:603300) Price Is Right But Growth Is Lacking
Dec 18We Think That There Are More Issues For Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology (SHSE:603300) Than Just Sluggish Earnings
Nov 04Zhejiang Huatie Emergency Equipment Science & TechnologyLtd (SHSE:603300) Seems To Use Debt Quite Sensibly
Oct 15Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. (SHSE:603300) Just Reported, And Analysts Assigned A CN¥6.72 Price Target
Aug 25Market Still Lacking Some Conviction On Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. (SHSE:603300)
Aug 14Zhejiang Huatie Emergency Equipment Science & TechnologyLtd (SHSE:603300) Ticks All The Boxes When It Comes To Earnings Growth
May 13Zhejiang Huatie Emergency Equipment Science & TechnologyLtd's (SHSE:603300) Solid Earnings May Rest On Weak Foundations
Apr 22Zhejiang Huatie Emergency Equipment Science & TechnologyLtd (SHSE:603300) Has A Pretty Healthy Balance Sheet
Mar 26Estimating The Fair Value Of Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. (SHSE:603300)
Mar 12Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd.'s (SHSE:603300) Business And Shares Still Trailing The Market
Feb 28Financial Position Analysis
Short Term Liabilities: 603300's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥7.2B).
Long Term Liabilities: 603300's short term assets (CN¥5.1B) do not cover its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: 603300's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: 603300's debt to equity ratio has increased from 26.8% to 74.4% over the past 5 years.
Debt Coverage: 603300's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 603300's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:58 |
| End of Day Share Price | 2024/12/20 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
Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology Co., Ltd. is covered by 11 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.
| Analyst | Institution |
|---|---|
| Qing Gong | China International Capital Corporation Limited |
| Maoda Yang | China International Capital Corporation Limited |
| Jihui Dai | China Merchants Securities Co. Ltd. |