Hexing Electrical Co.,Ltd.

SHSE:603556 Stock Report

Market Cap: CN¥17.7b

Hexing ElectricalLtd Balance Sheet Health

Financial Health criteria checks 6/6

Hexing ElectricalLtd has a total shareholder equity of CN¥6.9B and total debt of CN¥264.6M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥9.1B and CN¥2.2B respectively. Hexing ElectricalLtd's EBIT is CN¥1.3B making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥3.0B.

Key information

3.8%

Debt to equity ratio

CN¥264.64m

Debt

Interest coverage ratio-6.2x
CashCN¥3.00b
EquityCN¥6.90b
Total liabilitiesCN¥2.22b
Total assetsCN¥9.12b

Recent financial health updates

Does Hexing ElectricalLtd (SHSE:603556) Have A Healthy Balance Sheet?

Sep 20
Does Hexing ElectricalLtd (SHSE:603556) Have A Healthy Balance Sheet?

Is Hexing ElectricalLtd (SHSE:603556) A Risky Investment?

May 24
Is Hexing ElectricalLtd (SHSE:603556) A Risky Investment?

Recent updates

Does Hexing ElectricalLtd (SHSE:603556) Deserve A Spot On Your Watchlist?

Nov 20
Does Hexing ElectricalLtd (SHSE:603556) Deserve A Spot On Your Watchlist?

Lacklustre Performance Is Driving Hexing Electrical Co.,Ltd.'s (SHSE:603556) Low P/E

Oct 04
Lacklustre Performance Is Driving Hexing Electrical Co.,Ltd.'s (SHSE:603556) Low P/E

Does Hexing ElectricalLtd (SHSE:603556) Have A Healthy Balance Sheet?

Sep 20
Does Hexing ElectricalLtd (SHSE:603556) Have A Healthy Balance Sheet?

Hexing ElectricalLtd (SHSE:603556) Might Have The Makings Of A Multi-Bagger

Sep 05
Hexing ElectricalLtd (SHSE:603556) Might Have The Makings Of A Multi-Bagger

Is Now The Time To Put Hexing ElectricalLtd (SHSE:603556) On Your Watchlist?

Aug 22
Is Now The Time To Put Hexing ElectricalLtd (SHSE:603556) On Your Watchlist?

Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)

Jul 12
Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)

The Return Trends At Hexing ElectricalLtd (SHSE:603556) Look Promising

Jun 07
The Return Trends At Hexing ElectricalLtd (SHSE:603556) Look Promising

Is Hexing ElectricalLtd (SHSE:603556) A Risky Investment?

May 24
Is Hexing ElectricalLtd (SHSE:603556) A Risky Investment?

With EPS Growth And More, Hexing ElectricalLtd (SHSE:603556) Makes An Interesting Case

May 10
With EPS Growth And More, Hexing ElectricalLtd (SHSE:603556) Makes An Interesting Case

Hexing Electrical Co.,Ltd. (SHSE:603556) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Apr 26
Hexing Electrical Co.,Ltd. (SHSE:603556) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)

Mar 19
Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)

Hexing Electrical Co.,Ltd.'s (SHSE:603556) Shares Bounce 32% But Its Business Still Trails The Market

Mar 04
Hexing Electrical Co.,Ltd.'s (SHSE:603556) Shares Bounce 32% But Its Business Still Trails The Market

Hexing ElectricalLtd (SHSE:603556) Has More To Do To Multiply In Value Going Forward

Mar 01
Hexing ElectricalLtd (SHSE:603556) Has More To Do To Multiply In Value Going Forward

Financial Position Analysis

Short Term Liabilities: 603556's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 603556's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥276.6M).

Debt to Equity History and Analysis

Debt Level: 603556 has more cash than its total debt.

Reducing Debt: 603556's debt to equity ratio has reduced from 9.7% to 3.8% over the past 5 years.

Debt Coverage: 603556's debt is well covered by operating cash flow (416.7%).

Interest Coverage: 603556 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:57
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

Hexing Electrical Co.,Ltd. is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
null nullChina International Capital Corporation Limited
Qianwen LiuChina International Capital Corporation Limited