Hoymiles Power Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Hoymiles Power Electronics has a total shareholder equity of CN¥6.2B and total debt of CN¥646.2M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥8.1B and CN¥1.9B respectively. Hoymiles Power Electronics's EBIT is CN¥213.3M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥4.3B.
Key information
10.4%
Debt to equity ratio
CN¥646.20m
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥4.35b |
| Equity | CN¥6.23b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥8.10b |
Recent financial health updates
We Think Hoymiles Power Electronics (SHSE:688032) Can Stay On Top Of Its Debt
Dec 03
These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well
Jun 03Recent updates
We Think Hoymiles Power Electronics (SHSE:688032) Can Stay On Top Of Its Debt
Dec 03We Believe That Hoymiles Power Electronics' (SHSE:688032) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 07Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge
Sep 30Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook
Sep 02Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors
Aug 06Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors
Jun 21These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well
Jun 03Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About
May 06Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings
Mar 04Financial Position Analysis
Short Term Liabilities: 688032's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688032's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥384.8M).
Debt to Equity History and Analysis
Debt Level: 688032 has more cash than its total debt.
Reducing Debt: 688032's debt to equity ratio has reduced from 42.6% to 10.4% over the past 5 years.
Debt Coverage: 688032's debt is well covered by operating cash flow (21%).
Interest Coverage: 688032 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 19:30 |
| 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
Hoymiles Power Electronics Inc. is covered by 10 analysts. 6 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 |
|---|---|
| Yufei Miao | China International Capital Corporation Limited |
| Yuqi Shi | China International Capital Corporation Limited |
| Colin Liu | China Renaissance Securities |