Hubei Forbon TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hubei Forbon TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥318.7M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are CN¥1.9B and CN¥498.5M respectively. Hubei Forbon TechnologyLtd's EBIT is CN¥144.0M making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥275.2M.
Key information
22.1%
Debt to equity ratio
CN¥318.70m
Debt
| Interest coverage ratio | 19.1x |
| Cash | CN¥275.24m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥498.45m |
| Total assets | CN¥1.94b |
Recent financial health updates
No updates
Recent updates
Hubei Forbon Technology Co.,Ltd.'s (SZSE:300387) Shares Leap 40% Yet They're Still Not Telling The Full Story
Oct 08
Here's Why We Think Hubei Forbon TechnologyLtd (SZSE:300387) Is Well Worth Watching
Oct 01Little Excitement Around Hubei Forbon Technology Co.,Ltd.'s (SZSE:300387) Earnings
Jul 12Capital Allocation Trends At Hubei Forbon TechnologyLtd (SZSE:300387) Aren't Ideal
Apr 17Hubei Forbon Technology Co.,Ltd. (SZSE:300387) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 09Financial Position Analysis
Short Term Liabilities: 300387's short term assets (CN¥861.2M) exceed its short term liabilities (CN¥313.3M).
Long Term Liabilities: 300387's short term assets (CN¥861.2M) exceed its long term liabilities (CN¥185.2M).
Debt to Equity History and Analysis
Debt Level: 300387's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 300387's debt to equity ratio has increased from 10.1% to 22.1% over the past 5 years.
Debt Coverage: 300387's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 300387's interest payments on its debt are well covered by EBIT (19.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:34 |
| End of Day Share Price | 2024/12/26 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
Hubei Forbon Technology Co.,Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Hui Li | China Merchants Securities Co. Ltd. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Xiaohan Sun | Haitong International Research Limited |