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¥5.2B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥32.8B and CN¥15.6B respectively. Han's Laser Technology Industry Group's EBIT is CN¥385.8M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥9.0B.
Key information
30.2%
Debt to equity ratio
CN¥5.19b
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥8.97b |
| Equity | CN¥17.19b |
| Total liabilities | CN¥15.65b |
| Total assets | CN¥32.84b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of Han's Laser Technology Industry Group Co., Ltd. (SZSE:002008)
Jul 28
We 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¥23.1B) exceed its short term liabilities (CN¥12.7B).
Long Term Liabilities: 002008's short term assets (CN¥23.1B) exceed its long term liabilities (CN¥2.9B).
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 57.6% to 30.2% over the past 5 years.
Debt Coverage: 002008's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 002008 earns more interest than it pays, so coverage of interest payments is not a concern.