Huakai Yibai TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Huakai Yibai TechnologyLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥504.6M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CN¥4.5B and CN¥2.3B respectively. Huakai Yibai TechnologyLtd's EBIT is CN¥234.0M making its interest coverage ratio -35.7. It has cash and short-term investments of CN¥290.7M.
Key information
22.6%
Debt to equity ratio
CN¥504.56m
Debt
| Interest coverage ratio | -35.7x |
| Cash | CN¥290.73m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥2.30b |
| Total assets | CN¥4.53b |
Recent financial health updates
Does Huakai Yibai TechnologyLtd (SZSE:300592) Have A Healthy Balance Sheet?
Nov 15
Huakai Yibai TechnologyLtd (SZSE:300592) Could Easily Take On More Debt
Jun 03Recent updates
Huakai Yibai Technology Co.,Ltd. (SZSE:300592) Soars 26% But It's A Story Of Risk Vs Reward
Nov 28Does Huakai Yibai TechnologyLtd (SZSE:300592) Have A Healthy Balance Sheet?
Nov 15Investors Aren't Entirely Convinced By Huakai Yibai Technology Co.,Ltd.'s (SZSE:300592) Earnings
Oct 06Is It Too Late To Consider Buying Huakai Yibai Technology Co.,Ltd. (SZSE:300592)?
Sep 17Huakai Yibai TechnologyLtd (SZSE:300592) Could Easily Take On More Debt
Jun 03Financial Position Analysis
Short Term Liabilities: 300592's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300592's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥741.9M).
Debt to Equity History and Analysis
Debt Level: 300592's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 300592's debt to equity ratio has reduced from 27.3% to 22.6% over the past 5 years.
Debt Coverage: 300592's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300592 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:41 |
| 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 |
| |
| 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
Huakai Yibai Technology Co.,Ltd. is covered by 5 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 |
|---|---|
| Ya Jiang | Citic Securities Co., Ltd. |
| Liting Wang | Haitong International Research Limited |
| Hong Ke Li | Haitong International Research Limited |