Zhejiang Hechuan Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Hechuan Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥206.1M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥2.1B and CN¥535.0M respectively.
Key information
13.3%
Debt to equity ratio
CN¥206.10m
Debt
Interest coverage ratio | n/a |
Cash | CN¥124.36m |
Equity | CN¥1.55b |
Total liabilities | CN¥535.00m |
Total assets | CN¥2.08b |
Recent financial health updates
Recent updates
Zhejiang 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¥1.3B) exceed its short term liabilities (CN¥483.7M).
Long Term Liabilities: 688320's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥51.3M).
Debt to Equity History and Analysis
Debt Level: 688320's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 688320's debt to equity ratio has increased from 4.1% to 13.3% 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.