Zhejiang Huatie Emergency Equipment Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Huatie Emergency Equipment Science & TechnologyLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are CN¥20.0B and CN¥13.9B respectively. Zhejiang Huatie Emergency Equipment Science & TechnologyLtd's EBIT is CN¥1.4B making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥122.2M.
Key information
75.0%
Debt to equity ratio
CN¥4.52b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥122.22m |
| Equity | CN¥6.03b |
| Total liabilities | CN¥13.94b |
| Total assets | CN¥19.97b |
Recent financial health updates
Recent updates
Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. (SHSE:603300) Just Reported, And Analysts Assigned A CN¥6.72 Price Target
Aug 25
Market 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¥4.5B) do not cover its short term liabilities (CN¥5.5B).
Long Term Liabilities: 603300's short term assets (CN¥4.5B) do not cover its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: 603300's net debt to equity ratio (73%) is considered high.
Reducing Debt: 603300's debt to equity ratio has increased from 25.7% to 75% over the past 5 years.
Debt Coverage: 603300's debt is well covered by operating cash flow (54.5%).
Interest Coverage: 603300's interest payments on its debt are well covered by EBIT (4.8x coverage).