Hwaway Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hwaway Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥68.6M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥2.4B and CN¥785.9M respectively. Hwaway Technology's EBIT is CN¥209.5M making its interest coverage ratio -21.1. It has cash and short-term investments of CN¥440.5M.
Key information
4.2%
Debt to equity ratio
CN¥68.60m
Debt
| Interest coverage ratio | -21.1x |
| Cash | CN¥440.52m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥785.94m |
| Total assets | CN¥2.42b |
Financial Position Analysis
Short Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥757.6M).
Long Term Liabilities: 001380's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥28.4M).
Debt to Equity History and Analysis
Debt Level: 001380 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 001380's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001380's debt is well covered by operating cash flow (22%).
Interest Coverage: 001380 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 | 2024/12/21 13:57 |
| End of Day Share Price | 2024/12/20 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hwaway Technology Corporation Limited is covered by 2 analysts. 1 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 |
|---|---|
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Junyi He | Zhongtai Securities Co. Ltd. |