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
A Piece Of The Puzzle Missing From New Huadu Technology Co., Ltd.'s (SZSE:002264) Share Price
Oct 14
Is 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.