Hangzhou Heatwell Electric Heating Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Heatwell Electric Heating Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥370.2M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥2.9B and CN¥873.4M respectively. Hangzhou Heatwell Electric Heating Technology's EBIT is CN¥294.0M making its interest coverage ratio -26.4. It has cash and short-term investments of CN¥864.0M.
Key information
18.2%
Debt to equity ratio
CN¥370.18m
Debt
| Interest coverage ratio | -26.4x |
| Cash | CN¥864.02m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥873.39m |
| Total assets | CN¥2.91b |
Recent financial health updates
We Think Hangzhou Heatwell Electric Heating Technology (SHSE:603075) Can Stay On Top Of Its Debt
Dec 18
We Think Hangzhou Heatwell Electric Heating Technology (SHSE:603075) Can Stay On Top Of Its Debt
Mar 06Recent updates
We Think Hangzhou Heatwell Electric Heating Technology (SHSE:603075) Can Stay On Top Of Its Debt
Dec 18Hangzhou Heatwell Electric Heating Technology (SHSE:603075) Will Want To Turn Around Its Return Trends
Oct 07Risks To Shareholder Returns Are Elevated At These Prices For Hangzhou Heatwell Electric Heating Technology Co., Ltd. (SHSE:603075)
Apr 18We Think Hangzhou Heatwell Electric Heating Technology (SHSE:603075) Can Stay On Top Of Its Debt
Mar 06Financial Position Analysis
Short Term Liabilities: 603075's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥860.7M).
Long Term Liabilities: 603075's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥12.7M).
Debt to Equity History and Analysis
Debt Level: 603075 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603075's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603075's debt is well covered by operating cash flow (70.4%).
Interest Coverage: 603075 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 | 2024/12/23 15:44 |
| End of Day Share Price | 2024/12/23 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
Hangzhou Heatwell Electric Heating 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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