Hwatsing Technology Co., Ltd.

SHSE:688120 Stock Report

Market Cap: CN¥41.9b

Hwatsing Technology Balance Sheet Health

Financial Health criteria checks 6/6

Hwatsing Technology has a total shareholder equity of CN¥6.2B and total debt of CN¥508.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥10.9B and CN¥4.8B respectively. Hwatsing Technology's EBIT is CN¥864.5M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥4.8B.

Key information

8.3%

Debt to equity ratio

CN¥508.70m

Debt

Interest coverage ratio-11.2x
CashCN¥4.78b
EquityCN¥6.16b
Total liabilitiesCN¥4.77b
Total assetsCN¥10.94b

Recent financial health updates

We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt

Oct 11
We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt

Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?

Jul 12
Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?

Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt

Mar 26
Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt

Recent updates

Hwatsing Technology (SHSE:688120) Is Doing The Right Things To Multiply Its Share Price

Dec 15
Hwatsing Technology (SHSE:688120) Is Doing The Right Things To Multiply Its Share Price

Calculating The Fair Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)

Oct 30
Calculating The Fair Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)

We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt

Oct 11
We Think Hwatsing Technology (SHSE:688120) Can Stay On Top Of Its Debt

Does Hwatsing Technology (SHSE:688120) Deserve A Spot On Your Watchlist?

Aug 19
Does Hwatsing Technology (SHSE:688120) Deserve A Spot On Your Watchlist?

Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?

Jul 12
Does Hwatsing Technology (SHSE:688120) Have A Healthy Balance Sheet?

Hwatsing Technology (SHSE:688120) Is Experiencing Growth In Returns On Capital

Jun 16
Hwatsing Technology (SHSE:688120) Is Experiencing Growth In Returns On Capital

A Look At The Intrinsic Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)

May 25
A Look At The Intrinsic Value Of Hwatsing Technology Co., Ltd. (SHSE:688120)

Concerns Surrounding Hwatsing Technology's (SHSE:688120) Performance

May 03
Concerns Surrounding Hwatsing Technology's (SHSE:688120) Performance

What You Can Learn From Hwatsing Technology Co., Ltd.'s (SHSE:688120) P/E

Apr 22
What You Can Learn From Hwatsing Technology Co., Ltd.'s (SHSE:688120) P/E

Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt

Mar 26
Hwatsing Technology (SHSE:688120) Could Easily Take On More Debt

Financial Position Analysis

Short Term Liabilities: 688120's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥3.7B).

Long Term Liabilities: 688120's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥1.1B).

Debt to Equity History and Analysis

Debt Level: 688120 has more cash than its total debt.

Reducing Debt: 688120's debt to equity ratio has reduced from 84.4% to 8.3% over the past 5 years.

Debt Coverage: 688120's debt is well covered by operating cash flow (227.6%).

Interest Coverage: 688120 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

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:57
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Hwatsing Technology Co., Ltd. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dai ShenBofA Global Research
Lei JiangChina International Capital Corporation Limited
Fan YanChina Merchants Securities Co. Ltd.