Harbin Electric Corporation Jiamusi Electric MachineLtd Balance Sheet Health
Financial Health criteria checks 4/6
Harbin Electric Jiamusi Electric MachineLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥9.6B and CN¥6.0B respectively. Harbin Electric Jiamusi Electric MachineLtd's EBIT is CN¥398.7M making its interest coverage ratio 23.1. It has cash and short-term investments of CN¥1.8B.
Key information
35.8%
Debt to equity ratio
CN¥1.29b
Debt
Interest coverage ratio | 23.1x |
Cash | CN¥1.82b |
Equity | CN¥3.61b |
Total liabilities | CN¥5.95b |
Total assets | CN¥9.57b |
Recent financial health updates
Recent updates
Here's What's Concerning About Harbin Electric Corporation Jiamusi Electric MachineLtd's (SZSE:000922) Returns On Capital
Nov 13Slammed 27% Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (SZSE:000922) Screens Well Here But There Might Be A Catch
Sep 16We Think Harbin Electric Corporation Jiamusi Electric MachineLtd (SZSE:000922) Can Stay On Top Of Its Debt
Sep 06Little Excitement Around Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd's (SZSE:000922) Earnings
Aug 01Is Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (SZSE:000922) Trading At A 36% Discount?
May 24Harbin Electric Corporation Jiamusi Electric MachineLtd's (SZSE:000922) Profits May Not Reveal Underlying Issues
May 02Investors Could Be Concerned With Harbin Electric Corporation Jiamusi Electric MachineLtd's (SZSE:000922) Returns On Capital
Apr 17Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (SZSE:000922) Shares Fly 35% But Investors Aren't Buying For Growth
Mar 29Financial Position Analysis
Short Term Liabilities: 000922's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 000922's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥197.5M).
Debt to Equity History and Analysis
Debt Level: 000922 has more cash than its total debt.
Reducing Debt: 000922's debt to equity ratio has increased from 0% to 35.8% over the past 5 years.
Debt Coverage: 000922's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 000922's interest payments on its debt are well covered by EBIT (23.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 05:01 |
End of Day Share Price | 2024/12/24 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 * |
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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
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Analyst Sources
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd is covered by 4 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.
Analyst | Institution |
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Haibo Liu | Citic Securities Co., Ltd. |
Jianjian Li | Founder Securities Co., Ltd. |
Shuang Wu | Guosen Securities Co., Ltd. |