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 |
| Cash | CN¥468.27m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥41.29m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Profits Appear To Have Quality Issues
Nov 06
Some Investors May Be Worried About ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Returns On Capital
Sep 27Returns On Capital At ZheJiang HuaSheng TechnologyLtd (SHSE:605180) Paint A Concerning Picture
Jun 07ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 02ZheJiang HuaSheng Technology Co.,Ltd (SHSE:605180) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Apr 29ZheJiang HuaSheng Technology Co.,Ltd's (SHSE:605180) 27% Share Price Surge Not Quite Adding Up
Mar 08Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:16 |
| End of Day Share Price | 2024/12/26 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 |
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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 here.
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 .
Analyst Sources
ZheJiang HuaSheng Technology Co.,Ltd is covered by 1 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 |
|---|---|
| Wei Liu | Haitong International Research Limited |