Himile Mechanical Science and Technology (Shandong) Balance Sheet Health
Financial Health criteria checks 6/6
Himile Mechanical Science and Technology (Shandong) has a total shareholder equity of CN¥9.6B and total debt of CN¥111.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥11.3B and CN¥1.7B respectively. Himile Mechanical Science and Technology (Shandong)'s EBIT is CN¥2.0B making its interest coverage ratio -44.4. It has cash and short-term investments of CN¥1.8B.
Key information
1.2%
Debt to equity ratio
CN¥111.58m
Debt
| Interest coverage ratio | -44.4x |
| Cash | CN¥1.81b |
| Equity | CN¥9.60b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥11.29b |
Recent financial health updates
Is Himile Mechanical Science and Technology (Shandong) (SZSE:002595) A Risky Investment?
Dec 13
Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Has A Rock Solid Balance Sheet
Aug 15Does Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Have A Healthy Balance Sheet?
Apr 15Recent updates
With EPS Growth And More, Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Makes An Interesting Case
Dec 27Is Himile Mechanical Science and Technology (Shandong) (SZSE:002595) A Risky Investment?
Dec 13Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Intrinsic Value Is Potentially 64% Above Its Share Price
Oct 28Improved Earnings Required Before Himile Mechanical Science and Technology (Shandong) Co., Ltd (SZSE:002595) Shares Find Their Feet
Oct 14Is Now The Time To Put Himile Mechanical Science and Technology (Shandong) (SZSE:002595) On Your Watchlist?
Sep 16Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Is Aiming To Keep Up Its Impressive Returns
Sep 02Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Has A Rock Solid Balance Sheet
Aug 15Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Is Increasing Its Dividend To CN¥0.625
Jul 05The Market Doesn't Like What It Sees From Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Earnings Yet
Jul 04Is Himile Mechanical Science and Technology (Shandong) Co., Ltd (SZSE:002595) Worth CN¥37.7 Based On Its Intrinsic Value?
Jun 20Why You Should Care About Himile Mechanical Science and Technology (Shandong)'s (SZSE:002595) Strong Returns On Capital
Jun 03Does Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Have A Healthy Balance Sheet?
Apr 15If EPS Growth Is Important To You, Himile Mechanical Science and Technology (Shandong) (SZSE:002595) Presents An Opportunity
Apr 01The Market Doesn't Like What It Sees From Himile Mechanical Science and Technology (Shandong) Co., Ltd's (SZSE:002595) Earnings Yet
Mar 15Financial Position Analysis
Short Term Liabilities: 002595's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002595's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥303.2M).
Debt to Equity History and Analysis
Debt Level: 002595 has more cash than its total debt.
Reducing Debt: 002595's debt to equity ratio has reduced from 20.8% to 1.2% over the past 5 years.
Debt Coverage: 002595's debt is well covered by operating cash flow (946%).
Interest Coverage: 002595 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 | 2024/12/30 20:25 |
| End of Day Share Price | 2024/12/30 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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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 .
Analyst Sources
Himile Mechanical Science and Technology (Shandong) Co., Ltd is covered by 13 analysts. 7 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 |
|---|---|
| Qianyu Ning | Bohai Securities Co., Ltd. |
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Jia Yan | China International Capital Corporation Limited |