Jiangsu Hongtian TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Hongtian TechnologyLtd has a total shareholder equity of CN¥928.6M and total debt of CN¥941.9M, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are CN¥3.1B and CN¥2.2B respectively. Jiangsu Hongtian TechnologyLtd's EBIT is CN¥49.2M making its interest coverage ratio 23.6. It has cash and short-term investments of CN¥564.7M.
Key information
101.43%
Debt to equity ratio
CN¥941.88m
Debt
| Interest coverage ratio | 23.6x |
| Cash | CN¥564.67m |
| Equity | CN¥928.62m |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥3.11b |
Recent financial health updates
These 4 Measures Indicate That Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Using Debt Extensively
Mar 28
Jiangsu Hongtian TechnologyLtd (SHSE:603800) Has A Somewhat Strained Balance Sheet
Nov 25We Think Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Taking Some Risk With Its Debt
Jun 21Recent updates
These 4 Measures Indicate That Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Using Debt Extensively
Mar 28Investors Met With Slowing Returns on Capital At Jiangsu Hongtian TechnologyLtd (SHSE:603800)
Mar 07Jiangsu Hongtian Technology Co.,Ltd. (SHSE:603800) Held Back By Insufficient Growth Even After Shares Climb 27%
Feb 19We Ran A Stock Scan For Earnings Growth And Jiangsu Hongtian TechnologyLtd (SHSE:603800) Passed With Ease
Jan 10Jiangsu Hongtian TechnologyLtd (SHSE:603800) Has A Somewhat Strained Balance Sheet
Nov 25Jiangsu Hongtian TechnologyLtd (SHSE:603800) Strong Profits May Be Masking Some Underlying Issues
Nov 06Many Still Looking Away From Jiangsu Hongtian Technology Co.,Ltd. (SHSE:603800)
Oct 23Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Experiencing Growth In Returns On Capital
Jul 18We Think Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Taking Some Risk With Its Debt
Jun 21Estimating The Intrinsic Value Of Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800)
May 28Should You Be Adding Suzhou Douson Drilling & Production EquipmentLtd (SHSE:603800) To Your Watchlist Today?
Apr 28Financial Position Analysis
Short Term Liabilities: 603800's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603800's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥456.3M).
Debt to Equity History and Analysis
Debt Level: 603800's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 603800's debt to equity ratio has increased from 42.1% to 101.4% over the past 5 years.
Debt Coverage: 603800's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 603800's interest payments on its debt are well covered by EBIT (23.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/01 23:12 |
| End of Day Share Price | 2025/05/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Jiangsu Hongtian Technology Co.,Ltd. is covered by 3 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 |
|---|---|
| Shuang Wu | Guosen Securities Co., Ltd. |
| Zhengyang Ni | Huatai Research |
| Shang Wen Cheng | Industrial Securities Co. Ltd. |