Hangzhou Hopechart IoT TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Hopechart IoT TechnologyLtd has a total shareholder equity of CN¥703.6M and total debt of CN¥171.4M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are CN¥1.0B and CN¥326.3M respectively.
Key information
24.4%
Debt to equity ratio
CN¥171.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥155.24m |
| Equity | CN¥703.61m |
| Total liabilities | CN¥326.32m |
| Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
Hangzhou Hopechart IoT Technology Co.,Ltd's (SHSE:688288) Shares Bounce 48% But Its Business Still Trails The Industry
Oct 09
Hangzhou Hopechart IoT Technology Co.,Ltd's (SHSE:688288) 29% Price Boost Is Out Of Tune With Revenues
Jun 19Hangzhou Hopechart IoT Technology Co.,Ltd (SHSE:688288) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough
Apr 22Hangzhou Hopechart IoT Technology Co.,Ltd's (SHSE:688288) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Mar 06Financial Position Analysis
Short Term Liabilities: 688288's short term assets (CN¥655.3M) exceed its short term liabilities (CN¥317.6M).
Long Term Liabilities: 688288's short term assets (CN¥655.3M) exceed its long term liabilities (CN¥8.7M).
Debt to Equity History and Analysis
Debt Level: 688288's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 688288's debt to equity ratio has increased from 0.7% to 24.4% over the past 5 years.
Debt Coverage: 688288's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688288's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 09:47 |
| End of Day Share Price | 2024/12/18 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hangzhou Hopechart IoT Technology Co.,Ltd is covered by 4 analysts. 0 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 |
|---|---|
| Jun Yu | China Merchants Securities Co. Ltd. |
| Lei Yan | Ping An Securities Co. Ltd. |
| Yi Hong Wang | Tianfeng Securities Brokerage Co., Ltd |