Huachangda Intelligent Equipment Group Co.,Ltd.

SZSE:300278 Stock Report

Market Cap: CN¥9.0b

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
CashCN¥217.80m
EquityCN¥1.79b
Total liabilitiesCN¥1.03b
Total assetsCN¥2.82b

Recent financial health updates

Recent updates

Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden

Oct 27
Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden

Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 48% Share Price Surge Not Quite Adding Up

Oct 08
Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 48% Share Price Surge Not Quite Adding Up

There's Been No Shortage Of Growth Recently For Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Returns On Capital

Sep 30
There's Been No Shortage Of Growth Recently For Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Returns On Capital

Pinning Down Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) P/E Is Difficult Right Now

Jun 07
Pinning Down Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) P/E Is Difficult Right Now

Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Anemic Earnings Might Be Worse Than You Think

Apr 26
Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Anemic Earnings Might Be Worse Than You Think

What Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 30% Share Price Gain Is Not Telling You

Mar 04
What Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 30% Share Price Gain Is Not Telling You

Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?

Feb 27
Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?

Financial 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

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:28
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Pu DuBohai Securities Co., Ltd.
Yuande ZhangFounder Securities Co., Ltd.
Hua LongHaitong Securities Co., Ltd.