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 |
| Cash | CN¥1.55b |
| Equity | CN¥4.71b |
| Total liabilities | CN¥255.79m |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Henan Thinker Automatic EquipmentLtd (SHSE:603508) Makes An Interesting Case
Nov 17
Improved Earnings Required Before Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508) Stock's 37% Jump Looks Justified
Oct 08Is Now The Time To Put Henan Thinker Automatic EquipmentLtd (SHSE:603508) On Your Watchlist?
Aug 08Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Prospects Need A Boost To Lift Shares
Jul 16Henan Thinker Automatic EquipmentLtd's (SHSE:603508) Solid Profits Have Weak Fundamentals
May 03We Like These Underlying Return On Capital Trends At Henan Thinker Automatic EquipmentLtd (SHSE:603508)
Apr 05A Look At The Intrinsic Value Of Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508)
Mar 19There's No Escaping Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Muted Earnings Despite A 27% Share Price Rise
Mar 03Financial 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.