Hangzhou Changchuan Technology Co.,Ltd

SZSE:300604 Stock Report

Market Cap: CN¥29.7b

Hangzhou Changchuan TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Hangzhou Changchuan TechnologyLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥6.9B and CN¥3.0B respectively. Hangzhou Changchuan TechnologyLtd's EBIT is CN¥462.0M making its interest coverage ratio 48.6. It has cash and short-term investments of CN¥1.0B.

Key information

27.6%

Debt to equity ratio

CN¥1.08b

Debt

Interest coverage ratio48.6x
CashCN¥1.04b
EquityCN¥3.91b
Total liabilitiesCN¥2.99b
Total assetsCN¥6.90b

Recent financial health updates

Does Hangzhou Changchuan TechnologyLtd (SZSE:300604) Have A Healthy Balance Sheet?

Sep 23
Does Hangzhou Changchuan TechnologyLtd (SZSE:300604) Have A Healthy Balance Sheet?

Hangzhou Changchuan TechnologyLtd (SZSE:300604) Is Making Moderate Use Of Debt

Jun 13
Hangzhou Changchuan TechnologyLtd (SZSE:300604) Is Making Moderate Use Of Debt

Recent updates

Additional Considerations Required While Assessing Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Strong Earnings

Oct 31
Additional Considerations Required While Assessing Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Strong Earnings

Hangzhou Changchuan Technology Co.,Ltd (SZSE:300604) Looks Just Right With A 58% Price Jump

Oct 08
Hangzhou Changchuan Technology Co.,Ltd (SZSE:300604) Looks Just Right With A 58% Price Jump

Does Hangzhou Changchuan TechnologyLtd (SZSE:300604) Have A Healthy Balance Sheet?

Sep 23
Does Hangzhou Changchuan TechnologyLtd (SZSE:300604) Have A Healthy Balance Sheet?

Hangzhou Changchuan TechnologyLtd (SZSE:300604) Is Making Moderate Use Of Debt

Jun 13
Hangzhou Changchuan TechnologyLtd (SZSE:300604) Is Making Moderate Use Of Debt

Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Shareholders Have More To Worry About Than Lackluster Earnings

Apr 30
Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Shareholders Have More To Worry About Than Lackluster Earnings

Hangzhou Changchuan Technology Co.,Ltd Just Beat Revenue By 6.7%: Here's What Analysts Think Will Happen Next

Apr 26
Hangzhou Changchuan Technology Co.,Ltd Just Beat Revenue By 6.7%: Here's What Analysts Think Will Happen Next

Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors

Apr 22
Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors

Hangzhou Changchuan TechnologyLtd (SZSE:300604) Will Want To Turn Around Its Return Trends

Apr 12
Hangzhou Changchuan TechnologyLtd (SZSE:300604) Will Want To Turn Around Its Return Trends

Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) 30% Share Price Surge Not Quite Adding Up

Mar 04
Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) 30% Share Price Surge Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: 300604's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: 300604's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥443.7M).

Debt to Equity History and Analysis

Debt Level: 300604's net debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: 300604's debt to equity ratio has increased from 2.1% to 27.6% over the past 5 years.

Debt Coverage: 300604's debt is well covered by operating cash flow (36.4%).

Interest Coverage: 300604's interest payments on its debt are well covered by EBIT (48.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:29
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

Hangzhou Changchuan Technology Co.,Ltd is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shaohui YangBOCI Research Ltd.
Kai LiuEverbright Securities Co. Ltd.
Shuang WuGuosen Securities Co., Ltd.