HOB Biotech Group Corp.,Ltd

SHSE:688656 Stock Report

Market Cap: CN¥7.9b

HOB Biotech GroupLtd Balance Sheet Health

Financial Health criteria checks 6/6

HOB Biotech GroupLtd has a total shareholder equity of CN¥806.0M and total debt of CN¥105.1M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥1.0B and CN¥196.8M respectively. HOB Biotech GroupLtd's EBIT is CN¥41.6M making its interest coverage ratio 35.5. It has cash and short-term investments of CN¥105.1M.

Key information

13.0%

Debt to equity ratio

CN¥105.05m

Debt

Interest coverage ratio35.5x
CashCN¥105.13m
EquityCN¥806.03m
Total liabilitiesCN¥196.80m
Total assetsCN¥1.00b

Recent financial health updates

No updates

Recent updates

HOB Biotech GroupLtd's (SHSE:688656) Anemic Earnings Might Be Worse Than You Think

Nov 04
HOB Biotech GroupLtd's (SHSE:688656) Anemic Earnings Might Be Worse Than You Think

Earnings Not Telling The Story For HOB Biotech Group Corp.,Ltd (SHSE:688656) After Shares Rise 43%

Oct 08
Earnings Not Telling The Story For HOB Biotech Group Corp.,Ltd (SHSE:688656) After Shares Rise 43%

Subdued Growth No Barrier To HOB Biotech Group Corp.,Ltd's (SHSE:688656) Price

Jul 04
Subdued Growth No Barrier To HOB Biotech Group Corp.,Ltd's (SHSE:688656) Price

HOB Biotech GroupLtd's (SHSE:688656) Earnings Are Weaker Than They Seem

May 06
HOB Biotech GroupLtd's (SHSE:688656) Earnings Are Weaker Than They Seem

Earnings Not Telling The Story For HOB Biotech Group Corp.,Ltd (SHSE:688656) After Shares Rise 25%

Mar 08
Earnings Not Telling The Story For HOB Biotech Group Corp.,Ltd (SHSE:688656) After Shares Rise 25%

Financial Position Analysis

Short Term Liabilities: 688656's short term assets (CN¥282.5M) exceed its short term liabilities (CN¥184.0M).

Long Term Liabilities: 688656's short term assets (CN¥282.5M) exceed its long term liabilities (CN¥12.8M).


Debt to Equity History and Analysis

Debt Level: 688656 has more cash than its total debt.

Reducing Debt: 688656's debt to equity ratio has reduced from 29% to 13% over the past 5 years.

Debt Coverage: 688656's debt is well covered by operating cash flow (102.3%).

Interest Coverage: 688656's interest payments on its debt are well covered by EBIT (35.5x coverage).


Balance Sheet


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