Shenzhen Honor Electronic Co., Ltd.

SZSE:300870 Stock Report

Market Cap: CN¥11.3b

Shenzhen Honor Electronic Balance Sheet Health

Financial Health criteria checks 5/6

Shenzhen Honor Electronic has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are CN¥5.1B and CN¥3.1B respectively. Shenzhen Honor Electronic's EBIT is CN¥232.9M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥1.4B.

Key information

54.4%

Debt to equity ratio

CN¥1.11b

Debt

Interest coverage ratio-1.9x
CashCN¥1.39b
EquityCN¥2.05b
Total liabilitiesCN¥3.07b
Total assetsCN¥5.11b

Recent financial health updates

Recent updates

Shenzhen Honor Electronic Co., Ltd.'s (SZSE:300870) Price Is Right But Growth Is Lacking After Shares Rocket 44%

Nov 15
Shenzhen Honor Electronic Co., Ltd.'s (SZSE:300870) Price Is Right But Growth Is Lacking After Shares Rocket 44%

We Think Shenzhen Honor Electronic (SZSE:300870) Can Stay On Top Of Its Debt

Oct 18
We Think Shenzhen Honor Electronic (SZSE:300870) Can Stay On Top Of Its Debt

Improved Earnings Required Before Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Stock's 25% Jump Looks Justified

Sep 30
Improved Earnings Required Before Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Stock's 25% Jump Looks Justified

Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?

Jul 05
Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?

Shenzhen Honor Electronic (SZSE:300870) Is Increasing Its Dividend To CN¥0.34

May 21
Shenzhen Honor Electronic (SZSE:300870) Is Increasing Its Dividend To CN¥0.34

Shareholders Can Be Confident That Shenzhen Honor Electronic's (SZSE:300870) Earnings Are High Quality

May 02
Shareholders Can Be Confident That Shenzhen Honor Electronic's (SZSE:300870) Earnings Are High Quality

Shenzhen Honor Electronic (SZSE:300870) May Have Issues Allocating Its Capital

Apr 17
Shenzhen Honor Electronic (SZSE:300870) May Have Issues Allocating Its Capital

Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?

Mar 21
Does Shenzhen Honor Electronic (SZSE:300870) Have A Healthy Balance Sheet?

Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Not Lagging Market On Growth Or Pricing

Feb 27
Shenzhen Honor Electronic Co., Ltd. (SZSE:300870) Not Lagging Market On Growth Or Pricing

Financial Position Analysis

Short Term Liabilities: 300870's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.2B).

Long Term Liabilities: 300870's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥869.2M).


Debt to Equity History and Analysis

Debt Level: 300870 has more cash than its total debt.

Reducing Debt: 300870's debt to equity ratio has increased from 6.5% to 54.4% over the past 5 years.

Debt Coverage: 300870's debt is well covered by operating cash flow (29.2%).

Interest Coverage: 300870 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 11:47
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

Shenzhen Honor Electronic Co., Ltd. is covered by 5 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
Kai LiuEverbright Securities Co. Ltd.
Gen HeEverbright Securities Co. Ltd.
Xiaoqian HuangEverbright Securities Co. Ltd.