Hangzhou Changchuan TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hangzhou Changchuan TechnologyLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥5.9B and CN¥2.4B respectively. Hangzhou Changchuan TechnologyLtd's EBIT is CN¥106.2M making its interest coverage ratio -19.5. It has cash and short-term investments of CN¥686.6M.
Key information
33.9%
Debt to equity ratio
CN¥1.18b
Debt
| Interest coverage ratio | -19.5x |
| Cash | CN¥686.63m |
| Equity | CN¥3.49b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥5.90b |
Recent financial health updates
No updates
Recent updates
Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors
Apr 22
Hangzhou Changchuan TechnologyLtd (SZSE:300604) Will Want To Turn Around Its Return Trends
Apr 12Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) 30% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 300604's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300604's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥570.7M).
Debt to Equity History and Analysis
Debt Level: 300604's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 300604's debt to equity ratio has increased from 4.2% to 33.9% over the past 5 years.
Debt Coverage: 300604's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300604 earns more interest than it pays, so coverage of interest payments is not a concern.