Huachangda Intelligent Equipment GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Huachangda Intelligent Equipment GroupLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥35.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.0B respectively. Huachangda Intelligent Equipment GroupLtd's EBIT is CN¥54.1M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥217.8M.
Key information
2.0%
Debt to equity ratio
CN¥35.00m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥217.80m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥2.82b |
Recent financial health updates
Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden
Oct 27
Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?
Feb 27Recent updates
Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden
Oct 27Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 48% Share Price Surge Not Quite Adding Up
Oct 08There's Been No Shortage Of Growth Recently For Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Returns On Capital
Sep 30Pinning Down Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) P/E Is Difficult Right Now
Jun 07Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Anemic Earnings Might Be Worse Than You Think
Apr 26What Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 30% Share Price Gain Is Not Telling You
Mar 04Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: 300278's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300278's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥15.2M).
Debt to Equity History and Analysis
Debt Level: 300278 has more cash than its total debt.
Reducing Debt: 300278's debt to equity ratio has reduced from 102.6% to 2% over the past 5 years.
Debt Coverage: 300278's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300278 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 | 2024/12/24 12:28 |
| End of Day Share Price | 2024/12/24 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
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 .
Analyst Sources
Huachangda Intelligent Equipment Group Co.,Ltd. is covered by 4 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 |
|---|---|
| Pu Du | Bohai Securities Co., Ltd. |
| Yuande Zhang | Founder Securities Co., Ltd. |
| Hua Long | Haitong Securities Co., Ltd. |