Hymson Laser Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hymson Laser Technology GroupLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 138.6%. Its total assets and total liabilities are CN¥10.8B and CN¥8.4B respectively. Hymson Laser Technology GroupLtd's EBIT is CN¥222.6M making its interest coverage ratio -1561.8. It has cash and short-term investments of CN¥699.3M.
Key information
138.6%
Debt to equity ratio
CN¥3.30b
Debt
Interest coverage ratio | -1561.8x |
Cash | CN¥699.32m |
Equity | CN¥2.38b |
Total liabilities | CN¥8.42b |
Total assets | CN¥10.80b |
Recent financial health updates
No updates
Recent updates
Hymson Laser Technology GroupLtd (SHSE:688559) Has More To Do To Multiply In Value Going Forward
Jul 05Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Analysts Just Slashed This Year's Estimates
May 22Further Upside For Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Shares Could Introduce Price Risks After 32% Bounce
May 21Hymson Laser Technology GroupLtd's (SHSE:688559) Earnings Quality Is Low
Apr 21Hymson Laser Technology Group Co.,Ltd. (SHSE:688559) Soars 26% But It's A Story Of Risk Vs Reward
Mar 20Financial Position Analysis
Short Term Liabilities: 688559's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 688559's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥632.2M).
Debt to Equity History and Analysis
Debt Level: 688559's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: 688559's debt to equity ratio has increased from 78.3% to 138.6% over the past 5 years.
Debt Coverage: 688559's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688559 earns more interest than it pays, so coverage of interest payments is not a concern.