Hangzhou Oxygen Plant GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Oxygen Plant GroupLtd has a total shareholder equity of CN¥10.2B and total debt of CN¥6.9B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥24.0B and CN¥13.8B respectively. Hangzhou Oxygen Plant GroupLtd's EBIT is CN¥1.3B making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥3.0B.
Key information
67.9%
Debt to equity ratio
CN¥6.90b
Debt
| Interest coverage ratio | 17.5x |
| Cash | CN¥2.98b |
| Equity | CN¥10.16b |
| Total liabilities | CN¥13.83b |
| Total assets | CN¥23.99b |
Recent financial health updates
Here's Why Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Has A Meaningful Debt Burden
Sep 11
Is Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Using Too Much Debt?
May 28Recent updates
Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Earnings Are Weaker Than They Seem
Nov 04Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Returns On Capital Not Reflecting Well On The Business
Oct 16Further Upside For Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) Shares Could Introduce Price Risks After 30% Bounce
Oct 01A Look At The Intrinsic Value Of Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430)
Sep 27Here's Why Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Has A Meaningful Debt Burden
Sep 11Improved Earnings Required Before Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) Shares Find Their Feet
Aug 07Calculating The Fair Value Of Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430)
Jun 18Is Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Using Too Much Debt?
May 28Hangzhou Oxygen Plant GroupLtd (SZSE:002430) Will Pay A Dividend Of CN¥0.80
May 10Hangzhou Oxygen Plant GroupLtd's (SZSE:002430) Anemic Earnings Might Be Worse Than You Think
May 02Hangzhou Oxygen Plant Group Co.,Ltd.'s (SZSE:002430) Price Is Right But Growth Is Lacking
Apr 16Hangzhou Oxygen Plant Group Co.,Ltd.'s (SZSE:002430) Intrinsic Value Is Potentially 80% Above Its Share Price
Mar 15Financial Position Analysis
Short Term Liabilities: 002430's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 002430's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 002430's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 002430's debt to equity ratio has increased from 32% to 67.9% over the past 5 years.
Debt Coverage: 002430's debt is well covered by operating cash flow (38.5%).
Interest Coverage: 002430's interest payments on its debt are well covered by EBIT (17.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 03:48 |
| End of Day Share Price | 2024/12/27 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Hangzhou Oxygen Plant Group Co.,Ltd. is covered by 22 analysts. 9 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 |
|---|---|
| Minle Xu | BOCI Research Ltd. |
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Tai Ma | Changjiang Securities Co. LTD. |