Han's Laser Technology Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
Han's Laser Technology Industry Group has a total shareholder equity of CN¥17.1B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥33.8B and CN¥16.7B respectively. Han's Laser Technology Industry Group's EBIT is CN¥431.1M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥8.7B.
Key information
32.5%
Debt to equity ratio
CN¥5.54b
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥8.66b |
| Equity | CN¥17.08b |
| Total liabilities | CN¥16.68b |
| Total assets | CN¥33.76b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Han's Laser Technology Industry Group's (SZSE:002008) Returns On Capital
Sep 09
Han'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¥23.8B) exceed its short term liabilities (CN¥13.6B).
Long Term Liabilities: 002008's short term assets (CN¥23.8B) exceed its long term liabilities (CN¥3.1B).
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 48.1% to 32.5% over the past 5 years.
Debt Coverage: 002008's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 002008 earns more interest than it pays, so coverage of interest payments is not a concern.