Jiangsu HHCK Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu HHCK Advanced Materials has a total shareholder equity of CN¥1.0B and total debt of CN¥60.4M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.3B and CN¥221.1M respectively. Jiangsu HHCK Advanced Materials's EBIT is CN¥22.1M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥26.6M.
Key information
5.9%
Debt to equity ratio
CN¥60.38m
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥26.65m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥221.14m |
| Total assets | CN¥1.25b |
Recent financial health updates
Recent updates
Jiangsu HHCK Advanced Materials Co.,Ltd's (SHSE:688535) 31% Price Boost Is Out Of Tune With Revenues
Nov 11
Jiangsu HHCK Advanced MaterialsLtd's (SHSE:688535) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 03Jiangsu HHCK Advanced MaterialsLtd's (SHSE:688535) Returns Have Hit A Wall
Sep 29Jiangsu HHCK Advanced MaterialsLtd (SHSE:688535) Will Want To Turn Around Its Return Trends
Jun 13Jiangsu HHCK Advanced MaterialsLtd's (SHSE:688535) Profits May Not Reveal Underlying Issues
May 03Jiangsu HHCK Advanced MaterialsLtd (SHSE:688535) Takes On Some Risk With Its Use Of Debt
Apr 24Getting In Cheap On Jiangsu HHCK Advanced Materials Co.,Ltd (SHSE:688535) Is Unlikely
Feb 26Financial Position Analysis
Short Term Liabilities: 688535's short term assets (CN¥319.2M) exceed its short term liabilities (CN¥190.8M).
Long Term Liabilities: 688535's short term assets (CN¥319.2M) exceed its long term liabilities (CN¥30.3M).
Debt to Equity History and Analysis
Debt Level: 688535's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 688535's debt to equity ratio has reduced from 108.1% to 5.9% over the past 5 years.
Debt Coverage: 688535's debt is well covered by operating cash flow (43%).
Interest Coverage: 688535 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:16 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Jiangsu HHCK Advanced Materials Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Biyun Xu | Ping An Securities Co. Ltd. |
| Fang Wang | Zhongtai Securities Co. Ltd. |