Hanwang Technology Co.,Ltd

SZSE:002362 Stock Report

Market Cap: CN¥5.9b

Hanwang TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Hanwang TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥113.8M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥1.8B and CN¥499.7M respectively.

Key information

8.8%

Debt to equity ratio

CN¥113.78m

Debt

Interest coverage ration/a
CashCN¥549.82m
EquityCN¥1.30b
Total liabilitiesCN¥499.69m
Total assetsCN¥1.80b

Recent financial health updates

No updates

Recent updates

Further Upside For Hanwang Technology Co.,Ltd (SZSE:002362) Shares Could Introduce Price Risks After 38% Bounce

Oct 08
Further Upside For Hanwang Technology Co.,Ltd (SZSE:002362) Shares Could Introduce Price Risks After 38% Bounce

Hanwang Technology Co.,Ltd's (SZSE:002362) Subdued P/S Might Signal An Opportunity

Jun 26
Hanwang Technology Co.,Ltd's (SZSE:002362) Subdued P/S Might Signal An Opportunity

Hanwang Technology Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 02
Hanwang Technology Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Hanwang Technology Co.,Ltd (SZSE:002362) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Mar 04
Hanwang Technology Co.,Ltd (SZSE:002362) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Financial Position Analysis

Short Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥494.7M).

Long Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.0M).


Debt to Equity History and Analysis

Debt Level: 002362 has more cash than its total debt.

Reducing Debt: 002362's debt to equity ratio has increased from 1.1% to 8.8% 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: 002362 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 002362 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 35.5% each year


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