Sichuan Huati Lighting TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Sichuan Huati Lighting TechnologyLtd has a total shareholder equity of CN¥831.1M and total debt of CN¥260.0M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥1.5B and CN¥673.7M respectively.
Key information
31.3%
Debt to equity ratio
CN¥259.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥291.36m |
| Equity | CN¥831.09m |
| Total liabilities | CN¥673.72m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) Popularity With Investors Under Threat As Stock Sinks 26%
Jan 06
There's Reason For Concern Over Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) Massive 46% Price Jump
Nov 14Unpleasant Surprises Could Be In Store For Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) Shares
Sep 30Sichuan Huati Lighting TechnologyLtd's (SHSE:603679) Profits May Not Reveal Underlying Issues
Aug 29Optimistic Investors Push Sichuan Huati Lighting Technology Co.,Ltd. (SHSE:603679) Shares Up 28% But Growth Is Lacking
Jun 27Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) 31% Share Price Plunge Could Signal Some Risk
May 02Subdued Growth No Barrier To Sichuan Huati Lighting Technology Co.,Ltd. (SHSE:603679) With Shares Advancing 43%
Mar 08Financial Position Analysis
Short Term Liabilities: 603679's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥448.0M).
Long Term Liabilities: 603679's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥225.7M).
Debt to Equity History and Analysis
Debt Level: 603679 has more cash than its total debt.
Reducing Debt: 603679's debt to equity ratio has increased from 20.9% to 31.3% over the past 5 years.
Debt Coverage: 603679's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603679's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/10 21:34 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Sichuan Huati Lighting Technology Co.,Ltd. is covered by 3 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 |
|---|---|
| Hai Ning Yu | Changjiang Securities Co. LTD. |
| Lingfei Kong | Huatai Research |
| Xiao Tang | Tianfeng Securities Brokerage Co., Ltd |