Hangzhou Honghua Digital Technology Stock Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Honghua Digital Technology Stock has a total shareholder equity of CN¥3.1B and total debt of CN¥337.9M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥4.0B and CN¥893.8M respectively. Hangzhou Honghua Digital Technology Stock's EBIT is CN¥422.0M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥1.2B.
Key information
10.9%
Debt to equity ratio
CN¥337.90m
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥1.23b |
| Equity | CN¥3.11b |
| Total liabilities | CN¥893.80m |
| Total assets | CN¥4.01b |
Recent financial health updates
Here's Why Hangzhou Honghua Digital Technology Stock (SHSE:688789) Can Manage Its Debt Responsibly
Nov 18
Is Hangzhou Honghua Digital Technology Stock (SHSE:688789) Using Too Much Debt?
Jul 16Recent updates
Here's Why Hangzhou Honghua Digital Technology Stock (SHSE:688789) Can Manage Its Debt Responsibly
Nov 18Does Hangzhou Honghua Digital Technology Stock (SHSE:688789) Deserve A Spot On Your Watchlist?
Oct 28Investors Still Waiting For A Pull Back In Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)
Sep 26Is It Time To Consider Buying Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)?
Aug 29Capital Allocation Trends At Hangzhou Honghua Digital Technology Stock (SHSE:688789) Aren't Ideal
Aug 03Is Hangzhou Honghua Digital Technology Stock (SHSE:688789) Using Too Much Debt?
Jul 16Is It Too Late To Consider Buying Hangzhou Honghua Digital Technology Stock Company LTD. (SHSE:688789)?
May 22Hangzhou Honghua Digital Technology Stock's (SHSE:688789) Solid Earnings May Rest On Weak Foundations
May 06Hangzhou Honghua Digital Technology Stock (SHSE:688789) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15Unpleasant Surprises Could Be In Store For Hangzhou Honghua Digital Technology Stock Company LTD.'s (SHSE:688789) Shares
Mar 18Financial Position Analysis
Short Term Liabilities: 688789's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥838.0M).
Long Term Liabilities: 688789's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥55.8M).
Debt to Equity History and Analysis
Debt Level: 688789 has more cash than its total debt.
Reducing Debt: 688789's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.
Debt Coverage: 688789's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 688789 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 | 2024/12/23 23:11 |
| End of Day Share Price | 2024/12/23 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 |
| |
| 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
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
Hangzhou Honghua Digital Technology Stock Company LTD. is covered by 8 analysts. 5 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 |
|---|---|
| Weixiu Guo | China International Capital Corporation Limited |
| Haibo Liu | Citic Securities Co., Ltd. |
| Ming Jiang | Guosen Securities Co., Ltd. |