Shenzhen Hopewind Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hopewind Electric has a total shareholder equity of CN¥4.2B and total debt of CN¥751.5M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are CN¥7.5B and CN¥3.3B respectively. Shenzhen Hopewind Electric's EBIT is CN¥457.4M making its interest coverage ratio 16.9. It has cash and short-term investments of CN¥1.4B.
Key information
17.9%
Debt to equity ratio
CN¥751.52m
Debt
| Interest coverage ratio | 16.9x |
| Cash | CN¥1.36b |
| Equity | CN¥4.20b |
| Total liabilities | CN¥3.33b |
| Total assets | CN¥7.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603063's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 603063's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 603063 has more cash than its total debt.
Reducing Debt: 603063's debt to equity ratio has increased from 0.8% to 17.9% over the past 5 years.
Debt Coverage: 603063's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 603063's interest payments on its debt are well covered by EBIT (16.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:59 |
| 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
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Analyst Sources
Shenzhen Hopewind Electric Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Jia Xun You | China Merchants Securities Co. Ltd. |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Weiqi Wang | Guosen Securities Co., Ltd. |