HitGen Balance Sheet Health
Financial Health criteria checks 5/6
HitGen has a total shareholder equity of CN¥1.4B and total debt of CN¥207.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CN¥1.7B and CN¥320.8M respectively. HitGen's EBIT is CN¥43.5M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥942.6M.
Key information
14.8%
Debt to equity ratio
CN¥206.98m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥942.61m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥320.76m |
| Total assets | CN¥1.72b |
Recent financial health updates
Recent updates
Optimistic Investors Push HitGen Inc. (SHSE:688222) Shares Up 51% But Growth Is Lacking
Oct 08
HitGen Inc. (SHSE:688222) Shares Could Be 26% Above Their Intrinsic Value Estimate
Jul 03HitGen (SHSE:688222) Seems To Use Debt Rather Sparingly
Jun 06HitGen Inc.'s (SHSE:688222) 28% Jump Shows Its Popularity With Investors
Mar 07Financial Position Analysis
Short Term Liabilities: 688222's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥69.3M).
Long Term Liabilities: 688222's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥251.5M).
Debt to Equity History and Analysis
Debt Level: 688222 has more cash than its total debt.
Reducing Debt: 688222's debt to equity ratio has increased from 0.4% to 14.8% over the past 5 years.
Debt Coverage: 688222's debt is well covered by operating cash flow (76.5%).
Interest Coverage: 688222 earns more interest than it pays, so 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 | 2024/12/24 21:35 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
HitGen Inc. is covered by 3 analysts. 3 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 |
|---|---|
| Jin Zhang | China International Capital Corporation Limited |
| Ban Wang | Minsheng Securities Co. |
| Jiaqi Zhu | Zhongtai Securities Co. Ltd. |