Han's Laser Technology Industry Group Balance Sheet Health
Financial Health criteria checks 6/6
Han's Laser Technology Industry Group has a total shareholder equity of CN¥17.2B and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are CN¥33.4B and CN¥16.2B respectively. Han's Laser Technology Industry Group's EBIT is CN¥482.8M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥7.3B.
Key information
28.5%
Debt to equity ratio
CN¥4.92b
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥7.30b |
| Equity | CN¥17.24b |
| Total liabilities | CN¥16.17b |
| Total assets | CN¥33.41b |
Recent financial health updates
Recent updates
Should You Investigate Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008) At CN¥26.79?
Dec 02
Han's Laser Technology Industry Group Co., Ltd.'s (SZSE:002008) Shares Bounce 38% But Its Business Still Trails The Market
Oct 08Investors Could Be Concerned With Han's Laser Technology Industry Group's (SZSE:002008) Returns On Capital
Sep 09Han's Laser Technology Industry Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 21What Does Han's Laser Technology Industry Group Co., Ltd.'s (SZSE:002008) Share Price Indicate?
Aug 12A Look At The Intrinsic Value Of Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008)
Jul 28We Think Han's Laser Technology Industry Group (SZSE:002008) Can Stay On Top Of Its Debt
Jul 12Insufficient Growth At Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008) Hampers Share Price
Jun 07What Does Han's Laser Technology Industry Group Co., Ltd.'s (SZSE:002008) Share Price Indicate?
May 13We Think That There Are More Issues For Han's Laser Technology Industry Group (SZSE:002008) Than Just Sluggish Earnings
Apr 25Han's Laser Technology Industry Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 21Is Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 09Investors Could Be Concerned With Han's Laser Technology Industry Group's (SZSE:002008) Returns On Capital
Mar 22The Market Lifts Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008) Shares 29% But It Can Do More
Mar 04Financial Position Analysis
Short Term Liabilities: 002008's short term assets (CN¥22.6B) exceed its short term liabilities (CN¥12.5B).
Long Term Liabilities: 002008's short term assets (CN¥22.6B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 002008 has more cash than its total debt.
Reducing Debt: 002008's debt to equity ratio has reduced from 40.1% to 28.5% over the past 5 years.
Debt Coverage: 002008's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 002008 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 | 2024/12/24 12:14 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Han's Laser Technology Industry Group Co., Ltd. is covered by 35 analysts. 8 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 |
|---|---|
| Charles Hsu | BNP Paribas Securities (Asia) |
| Ming-Hsun Lee | BofA Global Research |
| Summer Wang | BofA Global Research |