Hoymiles Power Electronics Inc.

SHSE:688032 Stock Report

Market Cap: CN¥16.5b

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¥224.7M making its interest coverage ratio -5.6. 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-5.6x
CashCN¥4.35b
EquityCN¥6.23b
Total liabilitiesCN¥1.87b
Total assetsCN¥8.10b

Recent financial health updates

These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Jun 03
These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Recent updates

Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge

Sep 30
Why Investors Shouldn't Be Surprised By Hoymiles Power Electronics Inc.'s (SHSE:688032) 26% Share Price Surge

Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook

Sep 02
Time To Worry? Analysts Are Downgrading Their Hoymiles Power Electronics Inc. (SHSE:688032) Outlook

Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors

Aug 06
Hoymiles Power Electronics Inc.'s (SHSE:688032) 29% Jump Shows Its Popularity With Investors

Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

Jun 21
Hoymiles Power Electronics Inc.'s (SHSE:688032) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors

These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Jun 03
These 4 Measures Indicate That Hoymiles Power Electronics (SHSE:688032) Is Using Debt Reasonably Well

Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

May 06
Hoymiles Power Electronics (SHSE:688032) Posted Weak Earnings But There Is More To Worry About

Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings

Mar 04
Hoymiles Power Electronics Inc.'s (SHSE:688032) 34% Price Boost Is Out Of Tune With Earnings

Financial 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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