Wuxi Honghui New Materials Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Honghui New Materials Technology has a total shareholder equity of CN¥634.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥704.1M and CN¥69.6M respectively. Wuxi Honghui New Materials Technology's EBIT is CN¥54.3M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥292.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥292.78m |
| Equity | CN¥634.51m |
| Total liabilities | CN¥69.63m |
| Total assets | CN¥704.14m |
Recent financial health updates
No updates
Recent updates
Wuxi Honghui New Materials Technology (SZSE:002802) Will Be Hoping To Turn Its Returns On Capital Around
Nov 25
We Think That There Are More Issues For Wuxi Honghui New Materials Technology (SZSE:002802) Than Just Sluggish Earnings
Nov 04Risks To Shareholder Returns Are Elevated At These Prices For Wuxi Honghui New Materials Technology Co., Ltd. (SZSE:002802)
Oct 23Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) 37% Price Boost Is Out Of Tune With Earnings
May 21Wuxi Honghui New Materials Technology's (SZSE:002802) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03There's Reason For Concern Over Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) Massive 27% Price Jump
Mar 11Financial Position Analysis
Short Term Liabilities: 002802's short term assets (CN¥506.1M) exceed its short term liabilities (CN¥62.0M).
Long Term Liabilities: 002802's short term assets (CN¥506.1M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 002802 is debt free.
Reducing Debt: 002802 had no debt 5 years ago.
Debt Coverage: 002802 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002802 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 17:28 |
| End of Day Share Price | 2025/01/08 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
Wuxi Honghui New Materials 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 |
|---|---|
| Xi Liu | Huatai Research |