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 ratio | n/a |
| Cash | CN¥549.82m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥499.69m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
Even With A 35% Surge, Cautious Investors Are Not Rewarding Hanwang Technology Co.,Ltd's (SZSE:002362) Performance Completely
Dec 06
Further Upside For Hanwang Technology Co.,Ltd (SZSE:002362) Shares Could Introduce Price Risks After 38% Bounce
Oct 08Hanwang Technology Co.,Ltd's (SZSE:002362) Subdued P/S Might Signal An Opportunity
Jun 26Hanwang Technology Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 02Hanwang Technology Co.,Ltd (SZSE:002362) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Mar 04Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 17:10 |
| End of Day Share Price | 2025/01/03 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Hanwang Technology Co.,Ltd is covered by 3 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 |
|---|---|
| Tiecheng Bian | Cinda Securities Co., Ltd |
| Yaohua Gao | Guosen Securities Co., Ltd. |
| Chunsheng Xie | Huatai Research |