Zhejiang HangKe Technology Incorporated Company

SHSE:688006 Stock Report

Market Cap: CN¥9.3b

Zhejiang HangKe Technology Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang HangKe Technology has a total shareholder equity of CN¥5.2B and total debt of CN¥29.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥9.7B and CN¥4.5B respectively. Zhejiang HangKe Technology's EBIT is CN¥480.4M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥2.9B.

Key information

0.6%

Debt to equity ratio

CN¥29.40m

Debt

Interest coverage ratio-5.2x
CashCN¥2.90b
EquityCN¥5.18b
Total liabilitiesCN¥4.53b
Total assetsCN¥9.71b

Recent financial health updates

Recent updates

Need To Know: Analysts Just Made A Substantial Cut To Their Zhejiang HangKe Technology Incorporated Company (SHSE:688006) Estimates

Sep 03
Need To Know: Analysts Just Made A Substantial Cut To Their Zhejiang HangKe Technology Incorporated Company (SHSE:688006) Estimates

Zhejiang HangKe Technology Incorporated Company Just Missed EPS By 53%: Here's What Analysts Think Will Happen Next

Sep 01
Zhejiang HangKe Technology Incorporated Company Just Missed EPS By 53%: Here's What Analysts Think Will Happen Next

Zhejiang HangKe Technology (SHSE:688006) Has A Pretty Healthy Balance Sheet

Aug 22
Zhejiang HangKe Technology (SHSE:688006) Has A Pretty Healthy Balance Sheet

Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Price Is Right But Growth Is Lacking

Jul 24
Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Price Is Right But Growth Is Lacking

These 4 Measures Indicate That Zhejiang HangKe Technology (SHSE:688006) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Zhejiang HangKe Technology (SHSE:688006) Is Using Debt Reasonably Well

Impressive Earnings May Not Tell The Whole Story For Zhejiang HangKe Technology (SHSE:688006)

May 02
Impressive Earnings May Not Tell The Whole Story For Zhejiang HangKe Technology (SHSE:688006)

Be Wary Of Zhejiang HangKe Technology (SHSE:688006) And Its Returns On Capital

Apr 22
Be Wary Of Zhejiang HangKe Technology (SHSE:688006) And Its Returns On Capital

Investors Aren't Entirely Convinced By Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Earnings

Mar 27
Investors Aren't Entirely Convinced By Zhejiang HangKe Technology Incorporated Company's (SHSE:688006) Earnings

Financial Position Analysis

Short Term Liabilities: 688006's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥4.5B).

Long Term Liabilities: 688006's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥43.6M).


Debt to Equity History and Analysis

Debt Level: 688006 has more cash than its total debt.

Reducing Debt: 688006's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.

Debt Coverage: 688006's debt is well covered by operating cash flow (604.6%).

Interest Coverage: 688006 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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