Hymson Laser Technology Group Co.,Ltd.

SHSE:688559 Stock Report

Market Cap: CN¥8.9b

Hymson Laser Technology GroupLtd Balance Sheet Health

Financial Health criteria checks 3/6

Hymson Laser Technology GroupLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are CN¥11.8B and CN¥8.2B respectively. Hymson Laser Technology GroupLtd's EBIT is CN¥142.2M making its interest coverage ratio 4. It has cash and short-term investments of CN¥1.6B.

Key information

103.5%

Debt to equity ratio

CN¥3.68b

Debt

Interest coverage ratio4x
CashCN¥1.59b
EquityCN¥3.55b
Total liabilitiesCN¥8.22b
Total assetsCN¥11.77b

Recent financial health updates

Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Dec 24
Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Aug 09
Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Recent updates

Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Dec 24
Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Earnings Tell The Story For Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) As Its Stock Soars 25%

Dec 02
Earnings Tell The Story For Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) As Its Stock Soars 25%

Hymson Laser Technology GroupLtd (SHSE:688559) Posted Weak Earnings But There Is More To Worry About

Nov 07
Hymson Laser Technology GroupLtd (SHSE:688559) Posted Weak Earnings But There Is More To Worry About

Hymson Laser Technology Group Co.,Ltd.'s (SHSE:688559) 46% Jump Shows Its Popularity With Investors

Oct 09
Hymson Laser Technology Group Co.,Ltd.'s (SHSE:688559) 46% Jump Shows Its Popularity With Investors

Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Aug 09
Here's Why Hymson Laser Technology GroupLtd (SHSE:688559) Is Weighed Down By Its Debt Load

Hymson Laser Technology GroupLtd (SHSE:688559) Has More To Do To Multiply In Value Going Forward

Jul 05
Hymson Laser Technology GroupLtd (SHSE:688559) Has More To Do To Multiply In Value Going Forward

Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Analysts Just Slashed This Year's Estimates

May 22
Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Analysts Just Slashed This Year's Estimates

Further Upside For Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Shares Could Introduce Price Risks After 32% Bounce

May 21
Further Upside For Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Shares Could Introduce Price Risks After 32% Bounce

Hymson Laser Technology GroupLtd's (SHSE:688559) Earnings Quality Is Low

Apr 21
Hymson Laser Technology GroupLtd's (SHSE:688559) Earnings Quality Is Low

Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Soars 26% But It's A Story Of Risk Vs Reward

Mar 20
Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Soars 26% But It's A Story Of Risk Vs Reward

Financial Position Analysis

Short Term Liabilities: 688559's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥7.5B).

Long Term Liabilities: 688559's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥722.7M).

Debt to Equity History and Analysis

Debt Level: 688559's net debt to equity ratio (58.8%) is considered high.

Reducing Debt: 688559's debt to equity ratio has increased from 88.2% to 103.5% over the past 5 years.

Debt Coverage: 688559's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 688559's interest payments on its debt are well covered by EBIT (4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 12:48
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hymson Laser Technology Group Co.,Ltd. is covered by 8 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.

AnalystInstitution
Jian DingChina International Capital Corporation Limited
Jia Xun YouChina Merchants Securities Co. Ltd.
Haibo LiuCitic Securities Co., Ltd.