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 |
| Cash | CN¥1.05b |
| Equity | CN¥1.87b |
| Total liabilities | CN¥101.52m |
| Total assets | CN¥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) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively
Apr 21Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement
Mar 04Financial 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.