Shenzhen H&T Intelligent ControlLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen H&T Intelligent ControlLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥11.7B and CN¥6.3B respectively. Shenzhen H&T Intelligent ControlLtd's EBIT is CN¥387.4M making its interest coverage ratio 18.1. It has cash and short-term investments of CN¥1.2B.
Key information
27.9%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | 18.1x |
| Cash | CN¥1.17b |
| Equity | CN¥5.37b |
| Total liabilities | CN¥6.33b |
| Total assets | CN¥11.70b |
Recent financial health updates
Here's Why Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Has A Meaningful Debt Burden
Aug 22
Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Has A Somewhat Strained Balance Sheet
Mar 25Recent updates
Shenzhen H&T Intelligent Control Co.Ltd (SZSE:002402) Stock Rockets 33% But Many Are Still Ignoring The Company
Nov 11Is There Now An Opportunity In Shenzhen H&T Intelligent Control Co.Ltd (SZSE:002402)?
Sep 12Here's Why Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Has A Meaningful Debt Burden
Aug 22It's A Story Of Risk Vs Reward With Shenzhen H&T Intelligent Control Co.Ltd (SZSE:002402)
Jul 23Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Is Increasing Its Dividend To CN¥0.1507
May 02Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen H&T Intelligent ControlLtd (SZSE:002402)
Apr 05Shenzhen H&T Intelligent Control Co.Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Apr 02Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Has A Somewhat Strained Balance Sheet
Mar 25Market Might Still Lack Some Conviction On Shenzhen H&T Intelligent Control Co.Ltd (SZSE:002402) Even After 29% Share Price Boost
Mar 04Shenzhen H&T Intelligent ControlLtd's (SZSE:002402) Returns On Capital Not Reflecting Well On The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 002402's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 002402's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥698.2M).
Debt to Equity History and Analysis
Debt Level: 002402's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 002402's debt to equity ratio has reduced from 46.9% to 27.9% over the past 5 years.
Debt Coverage: 002402's debt is well covered by operating cash flow (31%).
Interest Coverage: 002402's interest payments on its debt are well covered by EBIT (18.1x coverage).