Henan Ancai Hi-TechLtd Balance Sheet Health
Financial Health criteria checks 2/6
Henan Ancai Hi-TechLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are CN¥7.0B and CN¥3.8B respectively.
Key information
72.3%
Debt to equity ratio
CN¥2.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥706.98m |
| Equity | CN¥3.20b |
| Total liabilities | CN¥3.78b |
| Total assets | CN¥6.98b |
Recent financial health updates
Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of Debt
Oct 27
These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt Extensively
Jul 25Recent updates
Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Oct 28Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of Debt
Oct 27Little Excitement Around Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Revenues
Sep 03These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt Extensively
Jul 25Why Investors Shouldn't Be Surprised By Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 28% Share Price Plunge
Apr 21There's Been No Shortage Of Growth Recently For Henan Ancai Hi-TechLtd's (SHSE:600207) Returns On Capital
Mar 28Improved Revenues Required Before Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) Stock's 48% Jump Looks Justified
Mar 06Financial Position Analysis
Short Term Liabilities: 600207's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 600207's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600207's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: 600207's debt to equity ratio has increased from 0% to 72.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 600207 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600207 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 11:13 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
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
Henan Ancai Hi-Tech Co.,Ltd is covered by 2 analysts. 2 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 |
|---|---|
| Mingxin Sun | Citic Securities Co., Ltd. |
| Weifeng Sun | Everbright Securities Co. Ltd. |