Suzhou Hailu Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Hailu Heavy IndustryLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥4.9M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥6.8B and CN¥2.9B respectively. Suzhou Hailu Heavy IndustryLtd's EBIT is CN¥380.8M making its interest coverage ratio -38.1. It has cash and short-term investments of CN¥1.6B.
Key information
0.1%
Debt to equity ratio
CN¥4.90m
Debt
| Interest coverage ratio | -38.1x |
| Cash | CN¥1.62b |
| Equity | CN¥3.93b |
| Total liabilities | CN¥2.90b |
| Total assets | CN¥6.83b |
Recent financial health updates
No updates
Recent updates
Suzhou Hailu Heavy Industry Co.,Ltd's (SZSE:002255) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Nov 22
Suzhou Hailu Heavy Industry Co.,Ltd (SZSE:002255) Shares Fly 35% But Investors Aren't Buying For Growth
Mar 06Here's Why We Think Suzhou Hailu Heavy IndustryLtd (SZSE:002255) Is Well Worth Watching
Feb 27Financial Position Analysis
Short Term Liabilities: 002255's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002255's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥161.5M).
Debt to Equity History and Analysis
Debt Level: 002255 has more cash than its total debt.
Reducing Debt: 002255's debt to equity ratio has reduced from 23% to 0.1% over the past 5 years.
Debt Coverage: 002255's debt is well covered by operating cash flow (12672.1%).
Interest Coverage: 002255 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 02:31 |
| 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
Suzhou Hailu Heavy Industry Co.,Ltd is covered by 6 analysts. 0 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 |
|---|---|
| Han Wei Yu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Xiaobo Xue | Citic Securities Co., Ltd. |
| Chao Xu | Great Wall Securities Co., Ltd. |