Zhejiang Hechuan Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Hechuan Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥312.1M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥2.1B and CN¥736.7M respectively.
Key information
22.4%
Debt to equity ratio
CN¥312.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥114.94m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥736.72m |
| Total assets | CN¥2.13b |
Recent financial health updates
Is Zhejiang Hechuan Technology (SHSE:688320) A Risky Investment?
Aug 22
Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt Burden
Mar 25Recent updates
Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Nov 13Is Zhejiang Hechuan Technology (SHSE:688320) A Risky Investment?
Aug 22Zhejiang Hechuan Technology's (SHSE:688320) Problems Go Beyond Weak Profit
May 06Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Apr 30Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 28% Cheaper Price Remains In Tune With Earnings
Apr 17Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt Burden
Mar 25Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 25% Price Boost Is Out Of Tune With Revenues
Mar 03Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Feb 28Financial Position Analysis
Short Term Liabilities: 688320's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥682.8M).
Long Term Liabilities: 688320's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥54.0M).
Debt to Equity History and Analysis
Debt Level: 688320's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 688320's debt to equity ratio has increased from 2.5% to 22.4% over the past 5 years.
Debt Coverage: 688320's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688320's interest payments on its debt are well covered by EBIT.