Shandong Hiking InternationalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Hiking InternationalLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥159.3M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are CN¥1.9B and CN¥566.0M respectively. Shandong Hiking InternationalLtd's EBIT is CN¥149.5M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥445.3M.
Key information
11.53%
Debt to equity ratio
CN¥159.33m
Debt
| Interest coverage ratio | -9.7x |
| Cash | CN¥445.29m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥566.01m |
| Total assets | CN¥1.95b |
Recent financial health updates
No updates
Recent updates
Shandong Hiking InternationalLtd (SHSE:600735) Might Be Having Difficulty Using Its Capital Effectively
Mar 12
Shandong Hiking International Co.,Ltd's (SHSE:600735) Share Price Not Quite Adding Up
Feb 11Subdued Growth No Barrier To Shandong Hiking International Co.,Ltd's (SHSE:600735) Price
Oct 02We Think You Can Look Beyond Shandong Hiking InternationalLtd's (SHSE:600735) Lackluster Earnings
Sep 05Shandong Hiking International Co.,Ltd's (SHSE:600735) 28% Share Price Surge Not Quite Adding Up
Mar 08There Are Reasons To Feel Uneasy About Shandong Hiking InternationalLtd's (SHSE:600735) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 600735's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥530.6M).
Long Term Liabilities: 600735's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥35.4M).
Debt to Equity History and Analysis
Debt Level: 600735 has more cash than its total debt.
Reducing Debt: 600735's debt to equity ratio has increased from 3.1% to 11.5% over the past 5 years.
Debt Coverage: 600735's debt is well covered by operating cash flow (162.2%).
Interest Coverage: 600735 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 | 2025/05/19 07:29 |
| End of Day Share Price | 2025/05/19 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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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
Shandong Hiking International Co.,Ltd is covered by 5 analysts. 0 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 |
|---|---|
| Junfang Gao | Avic Securities Co., Ltd |
| Rui Hong Li | Founder Securities Co., Ltd. |
| Qian Zhi Wang | Huatai United Securities Co., Ltd. |