Chengdu Hongqi ChainLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu Hongqi ChainLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥8.3B and CN¥4.0B respectively. Chengdu Hongqi ChainLtd's EBIT is CN¥479.4M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥2.23b |
| Equity | CN¥4.33b |
| Total liabilities | CN¥3.98b |
| Total assets | CN¥8.32b |
Recent financial health updates
No updates
Recent updates
An Intrinsic Calculation For Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) Suggests It's 35% Undervalued
Jan 02
Chengdu Hongqi Chain Co.,Ltd.'s (SZSE:002697) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Dec 12Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Dec 12We Like Chengdu Hongqi ChainLtd's (SZSE:002697) Earnings For More Than Just Statutory Profit
Nov 05Chengdu Hongqi ChainLtd (SZSE:002697) Has More To Do To Multiply In Value Going Forward
Oct 15Statutory Profit Doesn't Reflect How Good Chengdu Hongqi ChainLtd's (SZSE:002697) Earnings Are
Apr 08Insufficient Growth At Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) Hampers Share Price
Apr 02Financial Position Analysis
Short Term Liabilities: 002697's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002697's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥477.8M).
Debt to Equity History and Analysis
Debt Level: 002697 is debt free.
Reducing Debt: 002697 has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
Debt Coverage: 002697 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002697 has no debt, therefore 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 | 2025/01/04 16:55 |
| End of Day Share Price | 2025/01/03 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
Chengdu Hongqi Chain Co.,Ltd. is covered by 16 analysts. 5 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 |
|---|---|
| Jin Li | Changjiang Securities Co. LTD. |
| Zhizhong Jing | China Merchants Securities Co. Ltd. |
| Xiaofang Xu | Citic Securities Co., Ltd. |