ZheJiang HuaSheng Technology Co.,Ltd

SHSE:605180 Stock Report

Market Cap: CN¥2.3b

ZheJiang HuaSheng TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

ZheJiang HuaSheng TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.2B and CN¥41.3M respectively. ZheJiang HuaSheng TechnologyLtd's EBIT is CN¥35.7M making its interest coverage ratio -2. It has cash and short-term investments of CN¥468.3M.

Key information

0.9%

Debt to equity ratio

CN¥10.01m

Debt

Interest coverage ratio-2x
CashCN¥468.27m
EquityCN¥1.14b
Total liabilitiesCN¥41.29m
Total assetsCN¥1.18b

Recent financial health updates

No updates

Recent updates

ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Profits Appear To Have Quality Issues

Nov 06
ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Profits Appear To Have Quality Issues

Some Investors May Be Worried About ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Returns On Capital

Sep 27
Some Investors May Be Worried About ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Returns On Capital

Returns On Capital At ZheJiang HuaSheng TechnologyLtd (SHSE:605180) Paint A Concerning Picture

Jun 07
Returns On Capital At ZheJiang HuaSheng TechnologyLtd (SHSE:605180) Paint A Concerning Picture

ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 02
ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Sluggish Earnings Might Be Just The Beginning Of Its Problems

ZheJiang HuaSheng Technology Co.,Ltd (SHSE:605180) May Have Run Too Fast Too Soon With Recent 30% Price Plummet

Apr 29
ZheJiang HuaSheng Technology Co.,Ltd (SHSE:605180) May Have Run Too Fast Too Soon With Recent 30% Price Plummet

ZheJiang HuaSheng Technology Co.,Ltd's (SHSE:605180) 27% Share Price Surge Not Quite Adding Up

Mar 08
ZheJiang HuaSheng Technology Co.,Ltd's (SHSE:605180) 27% Share Price Surge Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: 605180's short term assets (CN¥800.5M) exceed its short term liabilities (CN¥40.2M).

Long Term Liabilities: 605180's short term assets (CN¥800.5M) exceed its long term liabilities (CN¥1.1M).


Debt to Equity History and Analysis

Debt Level: 605180 has more cash than its total debt.

Reducing Debt: 605180's debt to equity ratio has increased from 0.3% to 0.9% over the past 5 years.

Debt Coverage: 605180's debt is well covered by operating cash flow (102.2%).

Interest Coverage: 605180 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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