Guangdong HEC Technology Holding Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong HEC Technology Holding has a total shareholder equity of CN¥9.4B and total debt of CN¥11.3B, which brings its debt-to-equity ratio to 120.8%. Its total assets and total liabilities are CN¥25.4B and CN¥16.0B respectively. Guangdong HEC Technology Holding's EBIT is CN¥302.0M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥5.0B.
Key information
120.8%
Debt to equity ratio
CN¥11.30b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥4.95b |
| Equity | CN¥9.36b |
| Total liabilities | CN¥16.01b |
| Total assets | CN¥25.38b |
Recent financial health updates
Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Jul 04
Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Feb 27Recent updates
Guangdong HEC Technology Holding's (SHSE:600673) Problems Go Beyond Weak Profit
Aug 26Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Jul 04Guangdong HEC Technology Holding (SHSE:600673) Has Some Difficulty Using Its Capital Effectively
May 21Guangdong HEC Technology Holding Co., Ltd's (SHSE:600673) P/S Is On The Mark
Apr 25Is Guangdong HEC Technology Holding (SHSE:600673) Using Too Much Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 600673's short term assets (CN¥10.1B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 600673's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 600673's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 600673's debt to equity ratio has increased from 109.4% to 120.8% over the past 5 years.
Debt Coverage: 600673's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: 600673's interest payments on its debt are not well covered by EBIT (1.2x coverage).