Hisense Visual Technology Balance Sheet Health
Financial Health criteria checks 6/6
Hisense Visual Technology has a total shareholder equity of CN¥24.2B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥41.8B and CN¥17.6B respectively. Hisense Visual Technology's EBIT is CN¥1.6B making its interest coverage ratio -4. It has cash and short-term investments of CN¥14.6B.
Key information
5.8%
Debt to equity ratio
CN¥1.40b
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥14.65b |
| Equity | CN¥24.20b |
| Total liabilities | CN¥17.61b |
| Total assets | CN¥41.81b |
Recent financial health updates
These 4 Measures Indicate That Hisense Visual Technology (SHSE:600060) Is Using Debt Safely
May 31
Is Hisense Visual Technology (SHSE:600060) Using Too Much Debt?
Feb 27Recent updates
Hisense Visual Technology's (SHSE:600060) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05Hisense Visual Technology Co., Ltd.'s (SHSE:600060) Price Is Right But Growth Is Lacking After Shares Rocket 34%
Sep 27A Look At The Intrinsic Value Of Hisense Visual Technology Co., Ltd. (SHSE:600060)
Sep 11Lacklustre Performance Is Driving Hisense Visual Technology Co., Ltd.'s (SHSE:600060) 29% Price Drop
Aug 06Why Investors Shouldn't Be Surprised By Hisense Visual Technology Co., Ltd.'s (SHSE:600060) Low P/E
Jun 21These 4 Measures Indicate That Hisense Visual Technology (SHSE:600060) Is Using Debt Safely
May 31Hisense Visual Technology's (SHSE:600060) Promising Earnings May Rest On Soft Foundations
Apr 05Is Hisense Visual Technology (SHSE:600060) Using Too Much Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 600060's short term assets (CN¥32.1B) exceed its short term liabilities (CN¥16.2B).
Long Term Liabilities: 600060's short term assets (CN¥32.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600060 has more cash than its total debt.
Reducing Debt: 600060's debt to equity ratio has reduced from 16.7% to 5.8% over the past 5 years.
Debt Coverage: 600060's debt is well covered by operating cash flow (249.3%).
Interest Coverage: 600060 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:09 |
| End of Day Share Price | 2024/12/20 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
Hisense Visual Technology Co., Ltd. is covered by 28 analysts. 10 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 |
|---|---|
| Chun Xu | Changjiang Securities Co. LTD. |
| Ce Yang | China Galaxy Securities Co., Ltd. |
| Jun Chu | China International Capital Corporation Limited |