Henan Thinker Automatic Equipment Co.,Ltd.

SHSE:603508 Stock Report

Market Cap: CN¥9.3b

Henan Thinker Automatic EquipmentLtd Balance Sheet Health

Financial Health criteria checks 5/6

Henan Thinker Automatic EquipmentLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥3.5M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥5.0B and CN¥255.8M respectively. Henan Thinker Automatic EquipmentLtd's EBIT is CN¥459.7M making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥1.5B.

Key information

0.07%

Debt to equity ratio

CN¥3.50m

Debt

Interest coverage ratio-10.4x
CashCN¥1.55b
EquityCN¥4.71b
Total liabilitiesCN¥255.79m
Total assetsCN¥4.96b

Recent financial health updates

No updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At Henan Thinker Automatic EquipmentLtd (SHSE:603508)

Dec 24
Returns On Capital Are Showing Encouraging Signs At Henan Thinker Automatic EquipmentLtd (SHSE:603508)

With EPS Growth And More, Henan Thinker Automatic EquipmentLtd (SHSE:603508) Makes An Interesting Case

Nov 17
With EPS Growth And More, Henan Thinker Automatic EquipmentLtd (SHSE:603508) Makes An Interesting Case

Improved Earnings Required Before Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508) Stock's 37% Jump Looks Justified

Oct 08
Improved Earnings Required Before Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508) Stock's 37% Jump Looks Justified

Is Now The Time To Put Henan Thinker Automatic EquipmentLtd (SHSE:603508) On Your Watchlist?

Aug 08
Is Now The Time To Put Henan Thinker Automatic EquipmentLtd (SHSE:603508) On Your Watchlist?

Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Prospects Need A Boost To Lift Shares

Jul 16
Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Prospects Need A Boost To Lift Shares

Henan Thinker Automatic EquipmentLtd's (SHSE:603508) Solid Profits Have Weak Fundamentals

May 03
Henan Thinker Automatic EquipmentLtd's (SHSE:603508) Solid Profits Have Weak Fundamentals

We Like These Underlying Return On Capital Trends At Henan Thinker Automatic EquipmentLtd (SHSE:603508)

Apr 05
We Like These Underlying Return On Capital Trends At Henan Thinker Automatic EquipmentLtd (SHSE:603508)

A Look At The Intrinsic Value Of Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508)

Mar 19
A Look At The Intrinsic Value Of Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508)

There's No Escaping Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Muted Earnings Despite A 27% Share Price Rise

Mar 03
There's No Escaping Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Muted Earnings Despite A 27% Share Price Rise

Financial Position Analysis

Short Term Liabilities: 603508's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥251.7M).

Long Term Liabilities: 603508's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥4.1M).

Debt to Equity History and Analysis

Debt Level: 603508 has more cash than its total debt.

Reducing Debt: 603508's debt to equity ratio has increased from 0% to 0.07% over the past 5 years.

Debt Coverage: 603508's debt is well covered by operating cash flow (9588.2%).

Interest Coverage: 603508 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:02
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Henan Thinker Automatic Equipment Co.,Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fu YangChasing Securities
Lin WangChina Merchants Securities Co. Ltd.
Rui WangEverbright Securities Co. Ltd.