Guangzhou Hexin InstrumentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Hexin InstrumentLtd has a total shareholder equity of CN¥393.5M and total debt of CN¥312.2M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are CN¥970.1M and CN¥576.6M respectively.
Key information
79.3%
Debt to equity ratio
CN¥312.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥84.67m |
| Equity | CN¥393.48m |
| Total liabilities | CN¥576.59m |
| Total assets | CN¥970.07m |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Guangzhou Hexin Instrument Co.,Ltd.'s (SHSE:688622) Revenues Pushing Shares 51% Higher
Oct 09
It's Down 28% But Guangzhou Hexin Instrument Co.,Ltd. (SHSE:688622) Could Be Riskier Than It Looks
Apr 15Risks To Shareholder Returns Are Elevated At These Prices For Guangzhou Hexin Instrument Co.,Ltd. (SHSE:688622)
Feb 27Financial Position Analysis
Short Term Liabilities: 688622's short term assets (CN¥420.0M) exceed its short term liabilities (CN¥360.6M).
Long Term Liabilities: 688622's short term assets (CN¥420.0M) exceed its long term liabilities (CN¥215.9M).
Debt to Equity History and Analysis
Debt Level: 688622's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 688622's debt to equity ratio has increased from 23% to 79.3% 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: 688622 has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 688622 is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:31 |
| End of Day Share Price | 2024/12/25 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 |
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| 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
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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
Guangzhou Hexin Instrument Co.,Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| Xiao Wei Lin | Everbright Securities Co. Ltd. |
| Yijiang Li | Everbright Securities Co. Ltd. |