Hebei Huatong Wires and Cables Group Balance Sheet Health
Financial Health criteria checks 3/6
Hebei Huatong Wires and Cables Group has a total shareholder equity of CN¥3.1B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are CN¥6.6B and CN¥3.5B respectively. Hebei Huatong Wires and Cables Group's EBIT is CN¥492.1M making its interest coverage ratio 11.9. It has cash and short-term investments of CN¥1.1B.
Key information
81.8%
Debt to equity ratio
CN¥2.51b
Debt
| Interest coverage ratio | 11.9x |
| Cash | CN¥1.08b |
| Equity | CN¥3.07b |
| Total liabilities | CN¥3.50b |
| Total assets | CN¥6.57b |
Recent financial health updates
Recent updates
Investors Will Want Hebei Huatong Wires and Cables Group's (SHSE:605196) Growth In ROCE To Persist
Nov 25
Hebei Huatong Wires and Cables Group's (SHSE:605196) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 08Further Upside For Hebei Huatong Wires and Cables Group Co., Ltd. (SHSE:605196) Shares Could Introduce Price Risks After 38% Bounce
Oct 08Hebei Huatong Wires and Cables Group (SHSE:605196) Seems To Use Debt Quite Sensibly
Sep 26Is Now An Opportune Moment To Examine Hebei Huatong Wires and Cables Group Co., Ltd. (SHSE:605196)?
Jul 17Do Hebei Huatong Wires and Cables Group's (SHSE:605196) Earnings Warrant Your Attention?
Jun 26Hebei Huatong Wires and Cables Group (SHSE:605196) Might Have The Makings Of A Multi-Bagger
May 13Do Hebei Huatong Wires and Cables Group's (SHSE:605196) Earnings Warrant Your Attention?
Mar 19Financial Position Analysis
Short Term Liabilities: 605196's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 605196's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥811.0M).
Debt to Equity History and Analysis
Debt Level: 605196's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 605196's debt to equity ratio has increased from 32.3% to 81.8% over the past 5 years.
Debt Coverage: 605196's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605196's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:32 |
| End of Day Share Price | 2024/12/26 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
Hebei Huatong Wires and Cables Group Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Qianwen Liu | China International Capital Corporation Limited |