Huaming Power EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Huaming Power EquipmentLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥592.0M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥4.4B and CN¥1.3B respectively. Huaming Power EquipmentLtd's EBIT is CN¥703.8M making its interest coverage ratio -22.1. It has cash and short-term investments of CN¥939.0M.
Key information
19.0%
Debt to equity ratio
CN¥591.99m
Debt
| Interest coverage ratio | -22.1x |
| Cash | CN¥939.03m |
| Equity | CN¥3.11b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥4.41b |
Recent financial health updates
These 4 Measures Indicate That Huaming Power EquipmentLtd (SZSE:002270) Is Using Debt Safely
Dec 27
Does Huaming Power EquipmentLtd (SZSE:002270) Have A Healthy Balance Sheet?
Aug 15Huaming Power EquipmentLtd (SZSE:002270) Could Easily Take On More Debt
Apr 29Recent updates
Returns On Capital Are Showing Encouraging Signs At Huaming Power EquipmentLtd (SZSE:002270)
Feb 11Here's Why We Think Huaming Power EquipmentLtd (SZSE:002270) Is Well Worth Watching
Jan 28These 4 Measures Indicate That Huaming Power EquipmentLtd (SZSE:002270) Is Using Debt Safely
Dec 27Earnings Working Against Huaming Power Equipment Co.,Ltd's (SZSE:002270) Share Price
Dec 13There's Been No Shortage Of Growth Recently For Huaming Power EquipmentLtd's (SZSE:002270) Returns On Capital
Nov 07Should You Be Adding Huaming Power EquipmentLtd (SZSE:002270) To Your Watchlist Today?
Oct 24Shareholders Should Be Pleased With Huaming Power Equipment Co.,Ltd's (SZSE:002270) Price
Sep 10Calculating The Intrinsic Value Of Huaming Power Equipment Co.,Ltd (SZSE:002270)
Aug 28Does Huaming Power EquipmentLtd (SZSE:002270) Have A Healthy Balance Sheet?
Aug 15We Ran A Stock Scan For Earnings Growth And Huaming Power EquipmentLtd (SZSE:002270) Passed With Ease
Jul 25Huaming Power EquipmentLtd (SZSE:002270) Is Experiencing Growth In Returns On Capital
Jun 27Huaming Power EquipmentLtd (SZSE:002270) Is Increasing Its Dividend To CN¥0.55
May 24Is Huaming Power Equipment Co.,Ltd (SZSE:002270) Expensive For A Reason? A Look At Its Intrinsic Value
May 13Huaming Power EquipmentLtd (SZSE:002270) Could Easily Take On More Debt
Apr 29We Ran A Stock Scan For Earnings Growth And Huaming Power EquipmentLtd (SZSE:002270) Passed With Ease
Apr 03Huaming Power Equipment Co.,Ltd (SZSE:002270) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 04Financial Position Analysis
Short Term Liabilities: 002270's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002270's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥262.6M).
Debt to Equity History and Analysis
Debt Level: 002270 has more cash than its total debt.
Reducing Debt: 002270's debt to equity ratio has reduced from 41.8% to 19% over the past 5 years.
Debt Coverage: 002270's debt is well covered by operating cash flow (107.3%).
Interest Coverage: 002270 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 | 2025/03/19 04:10 |
| End of Day Share Price | 2025/03/19 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Huaming Power Equipment Co.,Ltd is covered by 12 analysts. 12 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 |
|---|---|
| Qianwen Liu | China International Capital Corporation Limited |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Bella Tian | Citigroup Inc |