Wuxi HyatechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi HyatechLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥228.6M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥1.8B and CN¥685.9M respectively. Wuxi HyatechLtd's EBIT is CN¥116.4M making its interest coverage ratio -657.8. It has cash and short-term investments of CN¥208.1M.
Key information
20.0%
Debt to equity ratio
CN¥228.62m
Debt
| Interest coverage ratio | -657.8x |
| Cash | CN¥208.11m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥685.87m |
| Total assets | CN¥1.83b |
Recent financial health updates
Recent updates
Additional Considerations Required While Assessing Wuxi HyatechLtd's (SHSE:688510) Strong Earnings
Nov 01
Why Investors Shouldn't Be Surprised By Wuxi Hyatech Co.,Ltd.'s (SHSE:688510) 37% Share Price Surge
Oct 09Is Wuxi HyatechLtd (SHSE:688510) A Risky Investment?
Jun 26Wuxi HyatechLtd's (SHSE:688510) Solid Profits Have Weak Fundamentals
Apr 03Wuxi Hyatech Co.,Ltd.'s (SHSE:688510) Shares Climb 25% But Its Business Is Yet to Catch Up
Mar 13Financial Position Analysis
Short Term Liabilities: 688510's short term assets (CN¥789.5M) exceed its short term liabilities (CN¥601.9M).
Long Term Liabilities: 688510's short term assets (CN¥789.5M) exceed its long term liabilities (CN¥83.9M).
Debt to Equity History and Analysis
Debt Level: 688510's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 688510's debt to equity ratio has increased from 12.9% to 20% over the past 5 years.
Debt Coverage: 688510's debt is well covered by operating cash flow (54%).
Interest Coverage: 688510 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 | 2024/12/30 19:32 |
| End of Day Share Price | 2024/12/30 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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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
Wuxi Hyatech Co.,Ltd. is covered by 3 analysts. 2 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Cong Li | Huatai Research |
| Kang Shi | Industrial Securities Co. Ltd. |