Hebei Sinopack Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hebei Sinopack Electronic TechnologyLtd has a total shareholder equity of CN¥6.2B and total debt of CN¥2.2M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥7.7B and CN¥1.5B respectively. Hebei Sinopack Electronic TechnologyLtd's EBIT is CN¥568.4M making its interest coverage ratio -10.6. It has cash and short-term investments of CN¥3.8B.
Key information
0.04%
Debt to equity ratio
CN¥2.23m
Debt
| Interest coverage ratio | -10.6x |
| Cash | CN¥3.85b |
| Equity | CN¥6.20b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥7.74b |
Recent financial health updates
Recent updates
Hebei Sinopack Electronic TechnologyLtd (SZSE:003031) May Have Issues Allocating Its Capital
Nov 04
Hebei Sinopack Electronic Technology Co.,Ltd.'s (SZSE:003031) P/E Is Still On The Mark Following 40% Share Price Bounce
Oct 09Here's Why Hebei Sinopack Electronic TechnologyLtd (SZSE:003031) Can Manage Its Debt Responsibly
Oct 01We Think That There Are More Issues For Hebei Sinopack Electronic TechnologyLtd (SZSE:003031) Than Just Sluggish Earnings
Sep 03Hebei Sinopack Electronic Technology Co.,Ltd.'s (SZSE:003031) Popularity With Investors Is Under Threat From Overpricing
Aug 20Hebei Sinopack Electronic TechnologyLtd (SZSE:003031) Has Some Way To Go To Become A Multi-Bagger
Jul 13Financial Position Analysis
Short Term Liabilities: 003031's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 003031's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥274.7M).
Debt to Equity History and Analysis
Debt Level: 003031 has more cash than its total debt.
Reducing Debt: 003031's debt to equity ratio has reduced from 2.3% to 0.04% over the past 5 years.
Debt Coverage: 003031's debt is well covered by operating cash flow (27565.9%).
Interest Coverage: 003031 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 | 2025/01/07 03:28 |
| End of Day Share Price | 2025/01/07 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
Hebei Sinopack Electronic Technology Co.,Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Xing Ji | Haitong International Research Limited |
| Lin Zhang | Industrial Securities Co. Ltd. |
| Zihao Xu | Industrial Securities Co. Ltd. |