HongboLtd Balance Sheet Health
Financial Health criteria checks 5/6
HongboLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥367.4M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.8B respectively.
Key information
23.3%
Debt to equity ratio
CN¥367.41m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥652.78m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.75b |
| Total assets | CN¥3.33b |
Recent financial health updates
Health Check: How Prudently Does HongboLtd (SZSE:002229) Use Debt?
Jul 31
Is HongboLtd (SZSE:002229) Using Debt Sensibly?
Apr 30Recent updates
Hongbo Co.,Ltd.'s (SZSE:002229) Shares Climb 37% But Its Business Is Yet to Catch Up
Oct 01Health Check: How Prudently Does HongboLtd (SZSE:002229) Use Debt?
Jul 31Some Hongbo Co.,Ltd. (SZSE:002229) Shareholders Look For Exit As Shares Take 29% Pounding
Jun 19Hongbo Co.,Ltd.'s (SZSE:002229) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
May 01Is HongboLtd (SZSE:002229) Using Debt Sensibly?
Apr 30Financial Position Analysis
Short Term Liabilities: 002229's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002229's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥330.1M).
Debt to Equity History and Analysis
Debt Level: 002229 has more cash than its total debt.
Reducing Debt: 002229's debt to equity ratio has increased from 8.7% to 23.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002229 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002229 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 54.4% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 07:23 |
| End of Day Share Price | 2025/01/02 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Hongbo Co.,Ltd. is covered by 4 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 |
|---|---|
| Wenjun Cai | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Hao Jiang | Everbright Securities Co. Ltd. |
| Pengcheng He | Guoyuan Securities Co., Ltd. |