Hangzhou Freely Communication Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Freely Communication has a total shareholder equity of CN¥751.1M and total debt of CN¥704.9M, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CN¥2.2B and CN¥1.4B respectively. Hangzhou Freely Communication's EBIT is CN¥65.9M making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥293.3M.
Key information
93.9%
Debt to equity ratio
CN¥704.87m
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥293.31m |
| Equity | CN¥751.05m |
| Total liabilities | CN¥1.41b |
| Total assets | CN¥2.16b |
Recent financial health updates
No updates
Recent updates
Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/S Is Still On The Mark Following 35% Share Price Bounce
Oct 18
Hangzhou Freely Communication (SHSE:603602) Has More To Do To Multiply In Value Going Forward
Sep 30Hangzhou Freely Communication's (SHSE:603602) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 29Pinning Down Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/E Is Difficult Right Now
Jul 29Hangzhou Freely Communication's (SHSE:603602) Upcoming Dividend Will Be Larger Than Last Year's
Jun 28Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) 27% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 603602's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603602's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥320.0M).
Debt to Equity History and Analysis
Debt Level: 603602's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: 603602's debt to equity ratio has increased from 21.4% to 93.9% over the past 5 years.
Debt Coverage: 603602's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603602's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:55 |
| End of Day Share Price | 2024/12/25 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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Industry and Sector Metrics
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Analyst Sources
Hangzhou Freely Communication Co., Ltd. is covered by 0 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.
| Analyst | Institution |
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