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¥208.3M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥1.7B and CN¥340.2M respectively. HitGen's EBIT is CN¥48.7M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥983.8M.

Key information

14.9%

Debt to equity ratio

CN¥208.34m

Debt

Interest coverage ratio-3.1x
CashCN¥983.77m
EquityCN¥1.40b
Total liabilitiesCN¥340.24m
Total assetsCN¥1.74b

Recent financial health updates

Recent updates

HitGen Inc. (SHSE:688222) Shares Could Be 26% Above Their Intrinsic Value Estimate

Jul 03
HitGen Inc. (SHSE:688222) Shares Could Be 26% Above Their Intrinsic Value Estimate

HitGen (SHSE:688222) Seems To Use Debt Rather Sparingly

Jun 06
HitGen (SHSE:688222) Seems To Use Debt Rather Sparingly

HitGen Inc.'s (SHSE:688222) 28% Jump Shows Its Popularity With Investors

Mar 07
HitGen Inc.'s (SHSE:688222) 28% Jump Shows Its Popularity With Investors

Financial Position Analysis

Short Term Liabilities: 688222's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥80.2M).

Long Term Liabilities: 688222's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥260.1M).


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 0.5% to 14.9% over the past 5 years.

Debt Coverage: 688222's debt is well covered by operating cash flow (70.2%).

Interest Coverage: 688222 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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