Shaanxi Huada Science TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shaanxi Huada Science TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥288.7M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are CN¥2.2B and CN¥813.5M respectively. Shaanxi Huada Science TechnologyLtd's EBIT is CN¥40.0M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥566.9M.
Key information
20.8%
Debt to equity ratio
CN¥288.71m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥566.91m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥813.54m |
| Total assets | CN¥2.20b |
Recent financial health updates
Is Shaanxi Huada Science TechnologyLtd (SZSE:301517) Using Too Much Debt?
Oct 16
Shaanxi Huada Science TechnologyLtd (SZSE:301517) Takes On Some Risk With Its Use Of Debt
Jun 14Recent updates
Subdued Growth No Barrier To Shaanxi Huada Science Technology Co.,Ltd. (SZSE:301517) With Shares Advancing 29%
Nov 09Earnings Troubles May Signal Larger Issues for Shaanxi Huada Science TechnologyLtd (SZSE:301517) Shareholders
Nov 04Is Shaanxi Huada Science TechnologyLtd (SZSE:301517) Using Too Much Debt?
Oct 16Shaanxi Huada Science TechnologyLtd (SZSE:301517) Takes On Some Risk With Its Use Of Debt
Jun 14Shaanxi Huada Science TechnologyLtd's (SZSE:301517) Earnings Are Of Questionable Quality
Apr 22Financial Position Analysis
Short Term Liabilities: 301517's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥607.7M).
Long Term Liabilities: 301517's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥205.9M).
Debt to Equity History and Analysis
Debt Level: 301517 has more cash than its total debt.
Reducing Debt: 301517's debt to equity ratio has reduced from 97.2% to 20.8% over the past 5 years.
Debt Coverage: 301517's debt is not well covered by operating cash flow (10%).
Interest Coverage: 301517's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:34 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shaanxi Huada Science Technology Co.,Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Huiwei Yin | Minsheng Securities Co. |