Shaanxi Huaqin Technology IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shaanxi Huaqin Technology IndustryLtd has a total shareholder equity of CN¥4.6B and total debt of CN¥555.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥5.7B and CN¥1.1B respectively. Shaanxi Huaqin Technology IndustryLtd's EBIT is CN¥231.2M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥2.9B.
Key information
12.1%
Debt to equity ratio
CN¥555.03m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥2.93b |
| Equity | CN¥4.57b |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥5.68b |
Recent financial health updates
Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Takes On Some Risk With Its Use Of Debt
Dec 13
Here's Why Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Can Manage Its Debt Responsibly
Aug 12Is Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Using Too Much Debt?
Apr 21Recent updates
Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Takes On Some Risk With Its Use Of Debt
Dec 13We Believe That Shaanxi Huaqin Technology IndustryLtd's (SHSE:688281) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 01Earnings Tell The Story For Shaanxi Huaqin Technology Industry Co.,Ltd. (SHSE:688281) As Its Stock Soars 44%
Oct 08Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Shareholders Will Want The ROCE Trajectory To Continue
Sep 27Here's Why Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Can Manage Its Debt Responsibly
Aug 12The Return Trends At Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Look Promising
Jun 17Shaanxi Huaqin Technology IndustryLtd's (SHSE:688281) Earnings Might Be Weaker Than You Think
Apr 25Is Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Using Too Much Debt?
Apr 21The Return Trends At Shaanxi Huaqin Technology IndustryLtd (SHSE:688281) Look Promising
Feb 27Financial Position Analysis
Short Term Liabilities: 688281's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥416.4M).
Long Term Liabilities: 688281's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥693.5M).
Debt to Equity History and Analysis
Debt Level: 688281 has more cash than its total debt.
Reducing Debt: 688281's debt to equity ratio has reduced from 12.7% to 12.1% over the past 5 years.
Debt Coverage: 688281's debt is well covered by operating cash flow (54.8%).
Interest Coverage: 688281 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 | 2024/12/22 06:09 |
| End of Day Share Price | 2024/12/20 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Shaanxi Huaqin Technology Industry Co.,Ltd. is covered by 9 analysts. 7 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Zhongyu Liu | China International Capital Corporation Limited |
| Chenshuo Fu | Citic Securities Co., Ltd. |