Hangzhou Innover Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Innover Technology has a total shareholder equity of CN¥823.0M and total debt of CN¥3.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥1.1B and CN¥314.9M respectively. Hangzhou Innover Technology's EBIT is CN¥34.4M making its interest coverage ratio -13.2. It has cash and short-term investments of CN¥272.2M.
Key information
0.4%
Debt to equity ratio
CN¥3.00m
Debt
| Interest coverage ratio | -13.2x |
| Cash | CN¥272.19m |
| Equity | CN¥823.02m |
| Total liabilities | CN¥314.90m |
| Total assets | CN¥1.14b |
Recent financial health updates
No updates
Recent updates
Hangzhou Innover Technology Co., Ltd.'s (SZSE:002767) Prospects Need A Boost To Lift Shares
Jun 28
Some May Be Optimistic About Hangzhou Innover Technology's (SZSE:002767) Earnings
Apr 19Should You Be Adding Hangzhou Innover Technology (SZSE:002767) To Your Watchlist Today?
Mar 28Hangzhou Innover Technology Co., Ltd.'s (SZSE:002767) Popularity With Investors Under Threat As Stock Sinks 29%
Feb 27Financial Position Analysis
Short Term Liabilities: 002767's short term assets (CN¥871.4M) exceed its short term liabilities (CN¥309.1M).
Long Term Liabilities: 002767's short term assets (CN¥871.4M) exceed its long term liabilities (CN¥5.8M).
Debt to Equity History and Analysis
Debt Level: 002767 has more cash than its total debt.
Reducing Debt: 002767's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 002767's debt is well covered by operating cash flow (2390.9%).
Interest Coverage: 002767 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 16:44 |
| End of Day Share Price | 2024/12/27 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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Industry and Sector Metrics
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Analyst Sources
Hangzhou Innover Technology Co., Ltd. is covered by 0 analysts. 0 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 |
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