Hiecise Precision Equipment Co.,Ltd.

SZSE:300809 Stock Report

Market Cap: CN¥8.5b

Hiecise Precision EquipmentLtd Balance Sheet Health

Financial Health criteria checks 6/6

Hiecise Precision EquipmentLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥497.4M respectively. Hiecise Precision EquipmentLtd's EBIT is CN¥63.8M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥895.6M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-2.7x
CashCN¥895.63m
EquityCN¥1.60b
Total liabilitiesCN¥497.43m
Total assetsCN¥2.09b

Recent financial health updates

No updates

Recent updates

Investors Appear Satisfied With Hiecise Precision Equipment Co.,Ltd.'s (SZSE:300809) Prospects As Shares Rocket 30%

Dec 02
Investors Appear Satisfied With Hiecise Precision Equipment Co.,Ltd.'s (SZSE:300809) Prospects As Shares Rocket 30%

Some May Be Optimistic About Hiecise Precision EquipmentLtd's (SZSE:300809) Earnings

Nov 04
Some May Be Optimistic About Hiecise Precision EquipmentLtd's (SZSE:300809) Earnings

Hiecise Precision Equipment Co.,Ltd.'s (SZSE:300809) Share Price Matching Investor Opinion

Sep 30
Hiecise Precision Equipment Co.,Ltd.'s (SZSE:300809) Share Price Matching Investor Opinion

Here's Why We Think Hiecise Precision EquipmentLtd (SZSE:300809) Is Well Worth Watching

Aug 13
Here's Why We Think Hiecise Precision EquipmentLtd (SZSE:300809) Is Well Worth Watching

Hiecise Precision EquipmentLtd (SZSE:300809) Is Due To Pay A Dividend Of CN¥0.10

Jun 14
Hiecise Precision EquipmentLtd (SZSE:300809) Is Due To Pay A Dividend Of CN¥0.10

Some Investors May Be Worried About Hiecise Precision EquipmentLtd's (SZSE:300809) Returns On Capital

Jun 07
Some Investors May Be Worried About Hiecise Precision EquipmentLtd's (SZSE:300809) Returns On Capital

Hiecise Precision EquipmentLtd (SZSE:300809) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 19
Hiecise Precision EquipmentLtd (SZSE:300809) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Here's Why We Think Hiecise Precision EquipmentLtd (SZSE:300809) Is Well Worth Watching

Mar 22
Here's Why We Think Hiecise Precision EquipmentLtd (SZSE:300809) Is Well Worth Watching

Optimistic Investors Push Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) Shares Up 27% But Growth Is Lacking

Mar 01
Optimistic Investors Push Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) Shares Up 27% But Growth Is Lacking

Hiecise Precision EquipmentLtd (SZSE:300809) Is Reinvesting At Lower Rates Of Return

Feb 27
Hiecise Precision EquipmentLtd (SZSE:300809) Is Reinvesting At Lower Rates Of Return

Financial Position Analysis

Short Term Liabilities: 300809's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥413.3M).

Long Term Liabilities: 300809's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥84.1M).

Debt to Equity History and Analysis

Debt Level: 300809 is debt free.

Reducing Debt: 300809 had no debt 5 years ago.

Debt Coverage: 300809 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300809 has no debt, therefore 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 17:51
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

Hiecise Precision Equipment Co.,Ltd. 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
Haibo LiuCitic Securities Co., Ltd.
Yi LiuCitic Securities Co., Ltd.
Gen HeEverbright Securities Co. Ltd.