Shenzhen H&T Intelligent ControlLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen H&T Intelligent ControlLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥863.3M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥10.3B and CN¥4.9B respectively. Shenzhen H&T Intelligent ControlLtd's EBIT is CN¥339.8M making its interest coverage ratio 9.7. It has cash and short-term investments of CN¥1.0B.
Key information
16.1%
Debt to equity ratio
CN¥863.28m
Debt
| Interest coverage ratio | 9.7x |
| Cash | CN¥1.04b |
| Equity | CN¥5.36b |
| Total liabilities | CN¥4.94b |
| Total assets | CN¥10.31b |
Recent financial health updates
Recent updates
Shenzhen H&T Intelligent ControlLtd (SZSE:002402) Is Increasing Its Dividend To CN¥0.1507
May 02
Weak 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¥6.4B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 002402's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥201.1M).
Debt to Equity History and Analysis
Debt Level: 002402 has more cash than its total debt.
Reducing Debt: 002402's debt to equity ratio has reduced from 18.7% to 16.1% over the past 5 years.
Debt Coverage: 002402's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 002402's interest payments on its debt are well covered by EBIT (9.7x coverage).