Guangdong Hongtu Technology (holdings)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Hongtu Technology (holdings)Ltd has a total shareholder equity of CN¥7.9B and total debt of CN¥765.1M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥12.4B and CN¥4.5B respectively. Guangdong Hongtu Technology (holdings)Ltd's EBIT is CN¥427.1M making its interest coverage ratio 34.2. It has cash and short-term investments of CN¥2.2B.
Key information
9.7%
Debt to equity ratio
CN¥765.14m
Debt
| Interest coverage ratio | 34.2x |
| Cash | CN¥2.17b |
| Equity | CN¥7.92b |
| Total liabilities | CN¥4.47b |
| Total assets | CN¥12.39b |
Recent financial health updates
No updates
Recent updates
Guangdong Hongtu Technology (holdings)Ltd's (SZSE:002101) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 29
Guangdong Hongtu Technology (holdings)Ltd (SZSE:002101) Could Be Struggling To Allocate Capital
Mar 25Guangdong Hongtu Technology (holdings) Co.,Ltd.'s (SZSE:002101) Shares Bounce 27% But Its Business Still Trails The Market
Mar 07Financial Position Analysis
Short Term Liabilities: 002101's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002101's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥614.1M).
Debt to Equity History and Analysis
Debt Level: 002101 has more cash than its total debt.
Reducing Debt: 002101's debt to equity ratio has reduced from 35% to 9.7% over the past 5 years.
Debt Coverage: 002101's debt is well covered by operating cash flow (75%).
Interest Coverage: 002101's interest payments on its debt are well covered by EBIT (34.2x coverage).