Shenzhen Han's CNC Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Han's CNC Technology has a total shareholder equity of CN¥5.0B and total debt of CN¥49.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥6.8B and CN¥1.8B respectively. Shenzhen Han's CNC Technology's EBIT is CN¥150.8M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥1.2B.
Key information
1.0%
Debt to equity ratio
CN¥48.97m
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥1.17b |
| Equity | CN¥5.01b |
| Total liabilities | CN¥1.77b |
| Total assets | CN¥6.78b |
Recent financial health updates
Is Shenzhen Han's CNC Technology (SZSE:301200) Using Too Much Debt?
Nov 18
Is Shenzhen Han's CNC Technology (SZSE:301200) Using Too Much Debt?
Jul 24These 4 Measures Indicate That Shenzhen Han's CNC Technology (SZSE:301200) Is Using Debt Reasonably Well
Mar 26Recent updates
Is Shenzhen Han's CNC Technology (SZSE:301200) Using Too Much Debt?
Nov 18Shenzhen Han's CNC Technology Co., Ltd.'s (SZSE:301200) 38% Price Boost Is Out Of Tune With Revenues
Oct 09Is Shenzhen Han's CNC Technology (SZSE:301200) Using Too Much Debt?
Jul 24Capital Allocation Trends At Shenzhen Han's CNC Technology (SZSE:301200) Aren't Ideal
Jun 25Shenzhen Han's CNC Technology's (SZSE:301200) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24These 4 Measures Indicate That Shenzhen Han's CNC Technology (SZSE:301200) Is Using Debt Reasonably Well
Mar 26Financial Position Analysis
Short Term Liabilities: 301200's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 301200's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥80.8M).
Debt to Equity History and Analysis
Debt Level: 301200 has more cash than its total debt.
Reducing Debt: 301200's debt to equity ratio has increased from 0.6% to 1% over the past 5 years.
Debt Coverage: 301200's debt is well covered by operating cash flow (60.8%).
Interest Coverage: 301200 earns more interest than it pays, so coverage of interest payments is not a concern.