Jiangxi Hengda Hi-Tech Co.,Ltd.

SZSE:002591 Stock Report

Market Cap: CN¥1.5b

Jiangxi Hengda Hi-TechLtd Balance Sheet Health

Financial Health criteria checks 5/6

Jiangxi Hengda Hi-TechLtd has a total shareholder equity of CN¥691.6M and total debt of CN¥68.9M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥895.6M and CN¥204.0M respectively.

Key information

10.0%

Debt to equity ratio

CN¥68.90m

Debt

Interest coverage ration/a
CashCN¥93.81m
EquityCN¥691.56m
Total liabilitiesCN¥204.00m
Total assetsCN¥895.56m

Recent financial health updates

No updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Jiangxi Hengda Hi-Tech Co.,Ltd. (SZSE:002591)

Jul 31
Risks To Shareholder Returns Are Elevated At These Prices For Jiangxi Hengda Hi-Tech Co.,Ltd. (SZSE:002591)

Jiangxi Hengda Hi-Tech Co.,Ltd. (SZSE:002591) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected

Mar 07
Jiangxi Hengda Hi-Tech Co.,Ltd. (SZSE:002591) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected

Financial Position Analysis

Short Term Liabilities: 002591's short term assets (CN¥437.9M) exceed its short term liabilities (CN¥186.6M).

Long Term Liabilities: 002591's short term assets (CN¥437.9M) exceed its long term liabilities (CN¥17.4M).


Debt to Equity History and Analysis

Debt Level: 002591 has more cash than its total debt.

Reducing Debt: 002591's debt to equity ratio has increased from 9.7% to 10% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 002591 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 002591 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 00:31
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Jiangxi Hengda Hi-Tech Co.,Ltd. is covered by 2 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.

AnalystInstitution
Shuang WangGuodu Securities Co.
Pei Wen WuPing An Securities Co. Ltd.