Zhuzhou Huarui Precision Cutting ToolsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhuzhou Huarui Precision Cutting ToolsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥741.4M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.2B respectively. Zhuzhou Huarui Precision Cutting ToolsLtd's EBIT is CN¥185.8M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥120.6M.
Key information
56.9%
Debt to equity ratio
CN¥741.36m
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥120.61m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.52b |
Recent financial health updates
No updates
Recent updates
Why Zhuzhou Huarui Precision Cutting ToolsLtd's (SHSE:688059) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 07
Zhuzhou Huarui Precision Cutting Tools Co.,Ltd.'s (SHSE:688059) Subdued P/E Might Signal An Opportunity
Sep 24Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. (SHSE:688059) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 16Is It Too Late To Consider Buying Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. (SHSE:688059)?
May 23Solid Earnings May Not Tell The Whole Story For Zhuzhou Huarui Precision Cutting ToolsLtd (SHSE:688059)
May 06Zhuzhou Huarui Precision Cutting Tools Co.,Ltd.'s (SHSE:688059) Shares Bounce 26% But Its Business Still Trails The Market
Mar 07Financial Position Analysis
Short Term Liabilities: 688059's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥635.4M).
Long Term Liabilities: 688059's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥578.2M).
Debt to Equity History and Analysis
Debt Level: 688059's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 688059's debt to equity ratio has increased from 25.2% to 56.9% over the past 5 years.
Debt Coverage: 688059's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: 688059's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:42 |
| 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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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
Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. is covered by 6 analysts. 3 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Pei Lu | China Galaxy Securities Co., Ltd. |
| Weixiu Guo | China International Capital Corporation Limited |