Ningbo Homelink Eco-iTech Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Homelink Eco-iTech has a total shareholder equity of CN¥1.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are CN¥4.3B and CN¥2.4B respectively. Ningbo Homelink Eco-iTech's EBIT is CN¥59.3M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥414.8M.
Key information
70.7%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥414.78m |
| Equity | CN¥1.88b |
| Total liabilities | CN¥2.43b |
| Total assets | CN¥4.30b |
Recent financial health updates
No updates
Recent updates
There Might Be More To Ningbo Homelink Eco-iTech's (SZSE:301193) Story Than Just Weak Earnings
Nov 01
Ningbo Homelink Eco-iTech Co., Ltd.'s (SZSE:301193) P/E Is Still On The Mark Following 37% Share Price Bounce
Oct 08Some Investors May Be Worried About Ningbo Homelink Eco-iTech's (SZSE:301193) Returns On Capital
May 22Why Ningbo Homelink Eco-iTech's (SZSE:301193) Soft Earnings Are Just The Beginning Of Its Problems
Apr 30Financial Position Analysis
Short Term Liabilities: 301193's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301193's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 301193's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 301193's debt to equity ratio has reduced from 87.2% to 70.7% over the past 5 years.
Debt Coverage: 301193's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 301193's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 04:21 |
| End of Day Share Price | 2024/12/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Ningbo Homelink Eco-iTech Co., Ltd. is covered by 8 analysts. 4 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 |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |