Suzhou Hengmingda Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Hengmingda Electronic Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥5.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.8B and CN¥767.5M respectively. Suzhou Hengmingda Electronic Technology's EBIT is CN¥452.1M making its interest coverage ratio -16. It has cash and short-term investments of CN¥1.1B.
Key information
0.2%
Debt to equity ratio
CN¥5.76m
Debt
| Interest coverage ratio | -16x |
| Cash | CN¥1.06b |
| Equity | CN¥3.02b |
| Total liabilities | CN¥767.53m |
| Total assets | CN¥3.79b |
Recent financial health updates
No updates
Recent updates
Do Suzhou Hengmingda Electronic Technology's (SZSE:002947) Earnings Warrant Your Attention?
Dec 17
Many Still Looking Away From Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947)
Nov 21With EPS Growth And More, Suzhou Hengmingda Electronic Technology (SZSE:002947) Makes An Interesting Case
Aug 08Investors Continue Waiting On Sidelines For Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947)
Jun 26Suzhou Hengmingda Electronic Technology's (SZSE:002947) Promising Earnings May Rest On Soft Foundations
Apr 08Does Suzhou Hengmingda Electronic Technology (SZSE:002947) Deserve A Spot On Your Watchlist?
Mar 26Why Investors Shouldn't Be Surprised By Suzhou Hengmingda Electronic Technology Co., Ltd.'s (SZSE:002947) Low P/E
Feb 28Financial Position Analysis
Short Term Liabilities: 002947's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥683.4M).
Long Term Liabilities: 002947's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥84.2M).
Debt to Equity History and Analysis
Debt Level: 002947 has more cash than its total debt.
Reducing Debt: 002947's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 002947's debt is well covered by operating cash flow (3337%).
Interest Coverage: 002947 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 | 2024/12/27 22:35 |
| 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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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
Suzhou Hengmingda Electronic 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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