Hangzhou Changchuan TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
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.
Key information
33.9%
Debt to equity ratio
CN¥1.18b
Debt
Interest coverage ratio | n/a |
Cash | CN¥686.63m |
Equity | CN¥3.49b |
Total liabilities | CN¥2.41b |
Total assets | CN¥5.90b |
Recent financial health updates
Recent updates
Hangzhou Changchuan TechnologyLtd (SZSE:300604) Is Making Moderate Use Of Debt
Jun 13Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Shareholders Have More To Worry About Than Lackluster Earnings
Apr 30Hangzhou Changchuan Technology Co.,Ltd Just Beat Revenue By 6.7%: Here's What Analysts Think Will Happen Next
Apr 26Hangzhou Changchuan Technology Co.,Ltd's (SZSE:300604) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors
Apr 22Hangzhou 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: Insufficient data to determine if 300604's interest payments on its debt are well covered by EBIT.