New Huadu Technology Balance Sheet Health
Financial Health criteria checks 6/6
New Huadu Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥90.5M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥3.1B and CN¥1.3B respectively. New Huadu Technology's EBIT is CN¥247.9M making its interest coverage ratio -24.4. It has cash and short-term investments of CN¥850.4M.
Key information
5.0%
Debt to equity ratio
CN¥90.50m
Debt
| Interest coverage ratio | -24.4x |
| Cash | CN¥850.36m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥3.06b |
Recent financial health updates
No updates
Recent updates
New Huadu Technology Co., Ltd. (SZSE:002264) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Dec 01
A Piece Of The Puzzle Missing From New Huadu Technology Co., Ltd.'s (SZSE:002264) Share Price
Oct 14Is Now The Time To Put New Huadu Technology (SZSE:002264) On Your Watchlist?
Sep 26New Huadu Technology (SZSE:002264) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 04Investors Don't See Light At End Of New Huadu Technology Co., Ltd.'s (SZSE:002264) Tunnel And Push Stock Down 26%
Jun 16Getting In Cheap On New Huadu Technology Co., Ltd. (SZSE:002264) Is Unlikely
Apr 16Financial Position Analysis
Short Term Liabilities: 002264's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002264's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥10.7M).
Debt to Equity History and Analysis
Debt Level: 002264 has more cash than its total debt.
Reducing Debt: 002264's debt to equity ratio has reduced from 21.3% to 5% over the past 5 years.
Debt Coverage: 002264's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 002264 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 | 2024/12/27 19:50 |
| 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 |
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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
New Huadu Technology Co., Ltd. is covered by 9 analysts. 1 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 |
|---|---|
| ZHENG YUAN | BOCI Research Ltd. |
| Jin Li | Changjiang Securities Co. LTD. |
| Xueqin Zhao | Citic Securities Co., Ltd. |