Shenzhen Highpower Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Highpower Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are CN¥8.9B and CN¥6.3B respectively. Shenzhen Highpower Technology's EBIT is CN¥102.2M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥1.2B.
Key information
90.8%
Debt to equity ratio
CN¥2.30b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥1.16b |
| Equity | CN¥2.53b |
| Total liabilities | CN¥6.34b |
| Total assets | CN¥8.87b |
Recent financial health updates
No updates
Recent updates
Shenzhen Highpower Technology's (SZSE:001283) Earnings Are Built On Soft Foundations
Nov 04
A Look At The Intrinsic Value Of Shenzhen Highpower Technology Co., Ltd. (SZSE:001283)
Sep 25Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen Highpower Technology (SZSE:001283)
May 03Shenzhen Highpower Technology Co., Ltd. (SZSE:001283) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 13Financial Position Analysis
Short Term Liabilities: 001283's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 001283's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 001283's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 001283's debt to equity ratio has increased from 32.5% to 90.8% over the past 5 years.
Debt Coverage: 001283's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 001283's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:18 |
| 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 * |
|---|---|---|---|
| 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
Shenzhen Highpower Technology Co., Ltd. is covered by 3 analysts. 2 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 |
|---|---|
| Jie Wu | Haitong International Research Limited |
| Shuai Wang | Industrial Securities Co. Ltd. |
| Yongkang Deng | Minsheng Securities Co. |