Hangzhou Zhongtai Cryogenic Technology Corporation

SZSE:300435 Stock Report

Market Cap: CN¥4.6b

Hangzhou Zhongtai Cryogenic Technology Balance Sheet Health

Financial Health criteria checks 6/6

Hangzhou Zhongtai Cryogenic Technology has a total shareholder equity of CN¥3.3B and total debt of CN¥306.9M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥4.8B and CN¥1.5B respectively. Hangzhou Zhongtai Cryogenic Technology's EBIT is CN¥294.3M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥1.1B.

Key information

9.3%

Debt to equity ratio

CN¥306.88m

Debt

Interest coverage ratio-12.3x
CashCN¥1.11b
EquityCN¥3.30b
Total liabilitiesCN¥1.48b
Total assetsCN¥4.78b

Recent financial health updates

Recent updates

We Think Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Can Stay On Top Of Its Debt

Dec 17
We Think Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Can Stay On Top Of Its Debt

Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Might Have The Makings Of A Multi-Bagger

Oct 18
Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Might Have The Makings Of A Multi-Bagger

Hangzhou Zhongtai Cryogenic Technology's (SZSE:300435) Upcoming Dividend Will Be Larger Than Last Year's

May 21
Hangzhou Zhongtai Cryogenic Technology's (SZSE:300435) Upcoming Dividend Will Be Larger Than Last Year's

Solid Earnings May Not Tell The Whole Story For Hangzhou Zhongtai Cryogenic Technology (SZSE:300435)

May 01
Solid Earnings May Not Tell The Whole Story For Hangzhou Zhongtai Cryogenic Technology (SZSE:300435)

Here's Why We Think Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Might Deserve Your Attention Today

Feb 29
Here's Why We Think Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) Might Deserve Your Attention Today

Financial Position Analysis

Short Term Liabilities: 300435's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 300435's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥60.7M).


Debt to Equity History and Analysis

Debt Level: 300435 has more cash than its total debt.

Reducing Debt: 300435's debt to equity ratio has reduced from 24.7% to 9.3% over the past 5 years.

Debt Coverage: 300435's debt is well covered by operating cash flow (162.7%).

Interest Coverage: 300435 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 06:18
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

Hangzhou Zhongtai Cryogenic Technology Corporation is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yigong TaoChina Galaxy Securities Co., Ltd.
Ji LiTopsperity Securities
Xue GuoTopsperity Securities