Hangzhou Huasu TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Huasu TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥2.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.2B and CN¥120.4M respectively. Hangzhou Huasu TechnologyLtd's EBIT is CN¥32.0M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥702.9M.
Key information
0.2%
Debt to equity ratio
CN¥2.34m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥702.88m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥120.43m |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Recent updates
Hangzhou Huasu TechnologyLtd (SZSE:301157) Is Reinvesting At Lower Rates Of Return
Oct 16
Hangzhou Huasu TechnologyLtd's (SZSE:301157) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 04Hangzhou Huasu TechnologyLtd's (SZSE:301157) Shareholders Will Receive A Smaller Dividend Than Last Year
May 26Financial Position Analysis
Short Term Liabilities: 301157's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥115.0M).
Long Term Liabilities: 301157's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 301157 has more cash than its total debt.
Reducing Debt: 301157's debt to equity ratio has reduced from 13.4% to 0.2% over the past 5 years.
Debt Coverage: 301157's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301157 earns more interest than it pays, so coverage of interest payments is not a concern.