Shanghai Hanbell Precise Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hanbell Precise Machinery has a total shareholder equity of CN¥4.1B and total debt of CN¥640.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥6.0B and CN¥1.9B respectively. Shanghai Hanbell Precise Machinery's EBIT is CN¥977.9M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥1.9B.
Key information
15.7%
Debt to equity ratio
CN¥640.34m
Debt
| Interest coverage ratio | -16.4x |
| Cash | CN¥1.94b |
| Equity | CN¥4.09b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥6.01b |
Recent financial health updates
Recent updates
Shanghai Hanbell Precise Machinery (SZSE:002158) Seems To Use Debt Rather Sparingly
Oct 18
Why The 25% Return On Capital At Shanghai Hanbell Precise Machinery (SZSE:002158) Should Have Your Attention
Sep 27Shanghai Hanbell Precise Machinery Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 27Little Excitement Around Shanghai Hanbell Precise Machinery Co., Ltd.'s (SZSE:002158) Earnings
Jul 25Shanghai Hanbell Precise Machinery (SZSE:002158) Has Announced That It Will Be Increasing Its Dividend To CN¥0.58
Jun 05Why The 24% Return On Capital At Shanghai Hanbell Precise Machinery (SZSE:002158) Should Have Your Attention
May 22Investors Don't See Light At End Of Shanghai Hanbell Precise Machinery Co., Ltd.'s (SZSE:002158) Tunnel
Apr 24Financial Position Analysis
Short Term Liabilities: 002158's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002158's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥157.2M).
Debt to Equity History and Analysis
Debt Level: 002158 has more cash than its total debt.
Reducing Debt: 002158's debt to equity ratio has reduced from 36% to 15.7% over the past 5 years.
Debt Coverage: 002158's debt is well covered by operating cash flow (117.2%).
Interest Coverage: 002158 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 | 2024/12/23 14:03 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Shanghai Hanbell Precise Machinery Co., Ltd. is covered by 12 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Pei Lu | China Galaxy Securities Co., Ltd. |
| Sophia Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |