Hefei Jianghang Aircraft EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hefei Jianghang Aircraft EquipmentLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively. Hefei Jianghang Aircraft EquipmentLtd's EBIT is CN¥110.2M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.2B.
Key information
0.4%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.20b |
| Equity | CN¥2.51b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥3.52b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Hefei Jianghang Aircraft EquipmentLtd (SHSE:688586) And Its Returns On Capital
Dec 18
Hefei Jianghang Aircraft EquipmentLtd's (SHSE:688586) Problems Go Beyond Weak Profit
Nov 05There's Reason For Concern Over Hefei Jianghang Aircraft Equipment Co.,Ltd.'s (SHSE:688586) Price
Sep 27The Returns At Hefei Jianghang Aircraft EquipmentLtd (SHSE:688586) Aren't Growing
Aug 26Hefei Jianghang Aircraft Equipment Co.,Ltd.'s (SHSE:688586) Business Is Trailing The Market But Its Shares Aren't
Jun 24Hefei Jianghang Aircraft Equipment's (SHSE:688586) Returns On Capital Are Heading Higher
Apr 17We Think That There Are More Issues For Hefei Jianghang Aircraft Equipment (SHSE:688586) Than Just Sluggish Earnings
Mar 21Financial Position Analysis
Short Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥817.3M).
Long Term Liabilities: 688586's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥192.2M).
Debt to Equity History and Analysis
Debt Level: 688586 has more cash than its total debt.
Reducing Debt: 688586's debt to equity ratio has reduced from 2.2% to 0.4% over the past 5 years.
Debt Coverage: 688586's debt is well covered by operating cash flow (257.5%).
Interest Coverage: 688586 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 | 2025/02/07 18:39 |
| End of Day Share Price | 2025/02/07 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.
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 Github.
Analyst Sources
Hefei Jianghang Aircraft Equipment Co.,Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Chao Hua | Guosen Securities Co., Ltd. |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |