Leader Harmonious Drive Systems Balance Sheet Health
Financial Health criteria checks 5/6
Leader Harmonious Drive Systems has a total shareholder equity of CN¥2.0B and total debt of CN¥249.9M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥2.5B and CN¥504.4M respectively. Leader Harmonious Drive Systems's EBIT is CN¥47.7M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥608.5M.
Key information
12.3%
Debt to equity ratio
CN¥249.88m
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥608.47m |
| Equity | CN¥2.03b |
| Total liabilities | CN¥504.40m |
| Total assets | CN¥2.54b |
Recent financial health updates
We Think Leader Harmonious Drive Systems (SHSE:688017) Can Stay On Top Of Its Debt
Nov 27
Here's Why Leader Harmonious Drive Systems (SHSE:688017) Has A Meaningful Debt Burden
Aug 08Recent updates
We Think Leader Harmonious Drive Systems (SHSE:688017) Can Stay On Top Of Its Debt
Nov 27Leader Harmonious Drive Systems' (SHSE:688017) Anemic Earnings Might Be Worse Than You Think
Nov 06Leader Harmonious Drive Systems Co., Ltd.'s (SHSE:688017) P/S Is Still On The Mark Following 29% Share Price Bounce
Sep 27There Are Reasons To Feel Uneasy About Leader Harmonious Drive Systems' (SHSE:688017) Returns On Capital
Sep 25Revenue Beat: Leader Harmonious Drive Systems Co., Ltd. Exceeded Revenue Forecasts By 6.3% And Analysts Are Updating Their Estimates
Sep 03Here's Why Leader Harmonious Drive Systems (SHSE:688017) Has A Meaningful Debt Burden
Aug 08Leader Harmonious Drive Systems Co., Ltd.'s (SHSE:688017) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors
Jun 21Be Wary Of Leader Harmonious Drive Systems (SHSE:688017) And Its Returns On Capital
Jun 06Analysts' Revenue Estimates For Leader Harmonious Drive Systems Co., Ltd. (SHSE:688017) Are Surging Higher
May 10We Think You Can Look Beyond Leader Harmonious Drive Systems' (SHSE:688017) Lackluster Earnings
May 06There Are Reasons To Feel Uneasy About Leader Harmonious Drive Systems' (SHSE:688017) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 688017's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥368.6M).
Long Term Liabilities: 688017's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥135.8M).
Debt to Equity History and Analysis
Debt Level: 688017 has more cash than its total debt.
Reducing Debt: 688017's debt to equity ratio has increased from 1.8% to 12.3% over the past 5 years.
Debt Coverage: 688017's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 688017 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:19 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Leader Harmonious Drive Systems Co., Ltd. is covered by 18 analysts. 12 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 |
|---|---|
| Yikai Liu | BofA Global Research |
| Fiona Liang | BofA Global Research |
| Pei Lu | China Galaxy Securities Co., Ltd. |