Hangjin Technology Balance Sheet Health
Financial Health criteria checks 3/6
Hangjin Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 85.7%. Its total assets and total liabilities are CN¥9.7B and CN¥5.9B respectively. Hangjin Technology's EBIT is CN¥278.8M making its interest coverage ratio 4. It has cash and short-term investments of CN¥1.6B.
Key information
85.7%
Debt to equity ratio
CN¥3.29b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥1.61b |
| Equity | CN¥3.83b |
| Total liabilities | CN¥5.90b |
| Total assets | CN¥9.73b |
Recent financial health updates
Here's Why Hangjin Technology (SZSE:000818) Has A Meaningful Debt Burden
Nov 18
Hangjin Technology (SZSE:000818) Seems To Use Debt Quite Sensibly
Aug 06Recent updates
There's Reason For Concern Over Hangjin Technology Co., Ltd.'s (SZSE:000818) Massive 27% Price Jump
Nov 21Here's Why Hangjin Technology (SZSE:000818) Has A Meaningful Debt Burden
Nov 18Optimistic Investors Push Hangjin Technology Co., Ltd. (SZSE:000818) Shares Up 36% But Growth Is Lacking
Oct 07Hangjin Technology (SZSE:000818) Could Be Struggling To Allocate Capital
Aug 27Hangjin Technology (SZSE:000818) Seems To Use Debt Quite Sensibly
Aug 06There's Reason For Concern Over Hangjin Technology Co., Ltd.'s (SZSE:000818) Price
Jul 12Investors Could Be Concerned With Hangjin Technology's (SZSE:000818) Returns On Capital
May 01Concerns Surrounding Hangjin Technology's (SZSE:000818) Performance
Apr 09Hangjin Technology Co., Ltd.'s (SZSE:000818) Share Price Could Signal Some Risk
Feb 29Financial Position Analysis
Short Term Liabilities: 000818's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 000818's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 000818's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: 000818's debt to equity ratio has increased from 20.3% to 85.7% over the past 5 years.
Debt Coverage: 000818's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000818's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:01 |
| 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 |
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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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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
Hangjin 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 |
|---|---|
| Runfang Zou | Tianfeng Securities Brokerage Co., Ltd |