Guangdong Huicheng Vacuum Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Huicheng Vacuum Technology has a total shareholder equity of CN¥733.9M and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥1.1B and CN¥342.3M respectively. Guangdong Huicheng Vacuum Technology's EBIT is CN¥84.6M making its interest coverage ratio 24.9. It has cash and short-term investments of CN¥206.4M.
Key information
6.8%
Debt to equity ratio
CN¥50.08m
Debt
| Interest coverage ratio | 24.9x |
| Cash | CN¥206.36m |
| Equity | CN¥733.91m |
| Total liabilities | CN¥342.26m |
| Total assets | CN¥1.08b |
Recent financial health updates
Recent updates
Guangdong Huicheng Vacuum Technology's (SZSE:301392) Profits Appear To Have Quality Issues
Nov 05
Guangdong Huicheng Vacuum Technology Co., Ltd. (SZSE:301392) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Nov 02Is Guangdong Huicheng Vacuum Technology (SZSE:301392) A Risky Investment?
Oct 11Financial Position Analysis
Short Term Liabilities: 301392's short term assets (CN¥852.6M) exceed its short term liabilities (CN¥341.4M).
Long Term Liabilities: 301392's short term assets (CN¥852.6M) exceed its long term liabilities (CN¥813.7K).
Debt to Equity History and Analysis
Debt Level: 301392 has more cash than its total debt.
Reducing Debt: 301392's debt to equity ratio has reduced from 8.3% to 6.8% over the past 5 years.
Debt Coverage: 301392's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301392's interest payments on its debt are well covered by EBIT (24.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:01 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Guangdong Huicheng Vacuum Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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