Suzhou Hesheng Special Material Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Hesheng Special Material has a total shareholder equity of CN¥790.4M and total debt of CN¥168.4M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥1.8B and CN¥960.7M respectively. Suzhou Hesheng Special Material's EBIT is CN¥97.6M making its interest coverage ratio 26.7. It has cash and short-term investments of CN¥372.3M.
Key information
21.3%
Debt to equity ratio
CN¥168.40m
Debt
| Interest coverage ratio | 26.7x |
| Cash | CN¥372.25m |
| Equity | CN¥790.38m |
| Total liabilities | CN¥960.65m |
| Total assets | CN¥1.75b |
Recent financial health updates
Recent updates
Is Suzhou Hesheng Special Material (SZSE:002290) Using Too Much Debt?
Dec 24
Suzhou Hesheng Special Material Co., Ltd.'s (SZSE:002290) 36% Price Boost Is Out Of Tune With Earnings
Oct 25Returns On Capital Are Showing Encouraging Signs At Suzhou Hesheng Special Material (SZSE:002290)
Oct 24Solid Earnings Reflect Suzhou Hesheng Special Material's (SZSE:002290) Strength As A Business
Mar 26Suzhou Hesheng Special Material Co., Ltd.'s (SZSE:002290) 40% Share Price Surge Not Quite Adding Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002290's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥808.2M).
Long Term Liabilities: 002290's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥152.5M).
Debt to Equity History and Analysis
Debt Level: 002290 has more cash than its total debt.
Reducing Debt: 002290's debt to equity ratio has reduced from 120.6% to 21.3% over the past 5 years.
Debt Coverage: 002290's debt is well covered by operating cash flow (148.1%).
Interest Coverage: 002290's interest payments on its debt are well covered by EBIT (26.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 10:47 |
| End of Day Share Price | 2025/01/03 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
Suzhou Hesheng Special Material Co., Ltd. is covered by 10 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 |
|---|---|
| Zhijian Chen | Changjiang Securities Co. LTD. |
| Dongfeng Zhang | Cinda Securities Co., Ltd |
| LEI ZHAO | Everbright Securities Co. Ltd. |