Suzhou Hycan Holdings Co., Ltd.

SZSE:002787 Stock Report

Market Cap: CN¥3.2b

Suzhou Hycan Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Suzhou Hycan Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥903.8M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are CN¥2.9B and CN¥1.2B respectively. Suzhou Hycan Holdings's EBIT is CN¥120.5M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥513.7M.

Key information

54.7%

Debt to equity ratio

CN¥903.79m

Debt

Interest coverage ratio3.5x
CashCN¥513.74m
EquityCN¥1.65b
Total liabilitiesCN¥1.23b
Total assetsCN¥2.88b

Recent financial health updates

No updates

Recent updates

Suzhou Hycan Holdings Co., Ltd. (SZSE:002787) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Oct 17
Suzhou Hycan Holdings Co., Ltd. (SZSE:002787) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Suzhou Hycan Holdings' (SZSE:002787) Soft Earnings Don't Show The Whole Picture

Apr 04
Suzhou Hycan Holdings' (SZSE:002787) Soft Earnings Don't Show The Whole Picture

Suzhou Hycan Holdings Co., Ltd. (SZSE:002787) Shares Fly 42% But Investors Aren't Buying For Growth

Mar 08
Suzhou Hycan Holdings Co., Ltd. (SZSE:002787) Shares Fly 42% But Investors Aren't Buying For Growth

Financial Position Analysis

Short Term Liabilities: 002787's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 002787's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥173.2M).


Debt to Equity History and Analysis

Debt Level: 002787's net debt to equity ratio (23.6%) is considered satisfactory.

Reducing Debt: 002787's debt to equity ratio has increased from 35.8% to 54.7% over the past 5 years.

Debt Coverage: 002787's debt is well covered by operating cash flow (21.7%).

Interest Coverage: 002787's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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