Suzhou HYC TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou HYC TechnologyLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥931.9M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are CN¥5.5B and CN¥1.7B respectively.
Key information
24.6%
Debt to equity ratio
CN¥931.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥486.46m |
| Equity | CN¥3.79b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥5.52b |
Recent financial health updates
Recent updates
Suzhou HYC Technology Co.,Ltd.'s (SHSE:688001) 25% Share Price Surge Not Quite Adding Up
Sep 27
Is Suzhou HYC TechnologyLtd (SHSE:688001) Using Too Much Debt?
Aug 01Why We're Not Concerned About Suzhou HYC Technology Co.,Ltd.'s (SHSE:688001) Share Price
Jun 07Why Investors Shouldn't Be Surprised By Suzhou HYC Technology Co.,Ltd.'s (SHSE:688001) 28% Share Price Surge
Mar 06Financial Position Analysis
Short Term Liabilities: 688001's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥854.0M).
Long Term Liabilities: 688001's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥878.1M).
Debt to Equity History and Analysis
Debt Level: 688001's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 688001's debt to equity ratio has increased from 2.1% to 24.6% over the past 5 years.
Debt Coverage: 688001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688001's interest payments on its debt are well covered by EBIT.