Hytera Communications Balance Sheet Health
Financial Health criteria checks 6/6
Hytera Communications has a total shareholder equity of CN¥6.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥11.9B and CN¥5.6B respectively. Hytera Communications's EBIT is CN¥424.2M making its interest coverage ratio 8.1. It has cash and short-term investments of CN¥877.1M.
Key information
35.2%
Debt to equity ratio
CN¥2.20b
Debt
| Interest coverage ratio | 8.1x |
| Cash | CN¥877.15m |
| Equity | CN¥6.25b |
| Total liabilities | CN¥5.62b |
| Total assets | CN¥11.87b |
Recent financial health updates
Hytera Communications (SZSE:002583) Seems To Use Debt Rather Sparingly
Dec 26
Does Hytera Communications (SZSE:002583) Have A Healthy Balance Sheet?
Sep 19Is Hytera Communications (SZSE:002583) A Risky Investment?
May 28Recent updates
Hytera Communications (SZSE:002583) Seems To Use Debt Rather Sparingly
Dec 26Risks Still Elevated At These Prices As Hytera Communications Corporation Limited (SZSE:002583) Shares Dive 32%
Nov 29Improved Revenues Required Before Hytera Communications Corporation Limited (SZSE:002583) Stock's 37% Jump Looks Justified
Sep 24Does Hytera Communications (SZSE:002583) Have A Healthy Balance Sheet?
Sep 19Hytera Communications Corporation Limited's (SZSE:002583) Price Is Right But Growth Is Lacking
Jul 23Is Hytera Communications (SZSE:002583) A Risky Investment?
May 28Benign Growth For Hytera Communications Corporation Limited (SZSE:002583) Underpins Stock's 26% Plummet
Apr 21Financial Position Analysis
Short Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002583's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002583's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 002583's debt to equity ratio has reduced from 93.9% to 35.2% over the past 5 years.
Debt Coverage: 002583's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 002583's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 22:41 |
| End of Day Share Price | 2025/01/06 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
Hytera Communications Corporation Limited is covered by 15 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 |
|---|---|
| Jimmy Huang | BNP Paribas Securities (Asia) |
| Youwen Wu | BOCI Research Ltd. |
| Chen He | Chasing Securities |