Hi-Trend Technology (Shanghai) Co., Ltd.

SHSE:688391 Stock Report

Market Cap: CN¥3.1b

Hi-Trend Technology (Shanghai) Balance Sheet Health

Financial Health criteria checks 6/6

Hi-Trend Technology (Shanghai) has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥101.5M respectively. Hi-Trend Technology (Shanghai)'s EBIT is CN¥45.6M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥1.1B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-1.1x
CashCN¥1.05b
EquityCN¥1.87b
Total liabilitiesCN¥101.52m
Total assetsCN¥1.97b

Recent financial health updates

No updates

Recent updates

Hi-Trend Technology (Shanghai)'s (SHSE:688391) Shareholders Have More To Worry About Than Only Soft Earnings

May 03
Hi-Trend Technology (Shanghai)'s (SHSE:688391) Shareholders Have More To Worry About Than Only Soft Earnings

Hi-Trend Technology (Shanghai) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively

Apr 21
Hi-Trend Technology (Shanghai) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively

Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Mar 04
Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Financial Position Analysis

Short Term Liabilities: 688391's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥97.6M).

Long Term Liabilities: 688391's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥3.9M).


Debt to Equity History and Analysis

Debt Level: 688391 is debt free.

Reducing Debt: 688391 had no debt 5 years ago.

Debt Coverage: 688391 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688391 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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