Hanwei Electronics Group Balance Sheet Health
Financial Health criteria checks 4/6
Hanwei Electronics Group has a total shareholder equity of CN¥3.2B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are CN¥6.1B and CN¥2.9B respectively. Hanwei Electronics Group's EBIT is CN¥8.1M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥955.0M.
Key information
33.0%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥954.96m |
| Equity | CN¥3.23b |
| Total liabilities | CN¥2.90b |
| Total assets | CN¥6.12b |
Recent financial health updates
Hanwei Electronics Group (SZSE:300007) Takes On Some Risk With Its Use Of Debt
Sep 27
We Think Hanwei Electronics Group (SZSE:300007) Can Stay On Top Of Its Debt
Jun 26Recent updates
Improved Revenues Required Before Hanwei Electronics Group Corporation (SZSE:300007) Stock's 30% Jump Looks Justified
Dec 10The Returns On Capital At Hanwei Electronics Group (SZSE:300007) Don't Inspire Confidence
Nov 27Earnings Troubles May Signal Larger Issues for Hanwei Electronics Group (SZSE:300007) Shareholders
Oct 31Hanwei Electronics Group Corporation's (SZSE:300007) P/E Is Still On The Mark Following 46% Share Price Bounce
Oct 08Hanwei Electronics Group (SZSE:300007) Takes On Some Risk With Its Use Of Debt
Sep 27We Think Hanwei Electronics Group (SZSE:300007) Can Stay On Top Of Its Debt
Jun 26Hanwei Electronics Group (SZSE:300007) Will Pay A Smaller Dividend Than Last Year
May 26Hanwei Electronics Group's (SZSE:300007) Problems Go Beyond Weak Profit
Apr 17Earnings Not Telling The Story For Hanwei Electronics Group Corporation (SZSE:300007) After Shares Rise 37%
Mar 06Financial Position Analysis
Short Term Liabilities: 300007's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300007's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300007's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 300007's debt to equity ratio has reduced from 48.1% to 33% over the past 5 years.
Debt Coverage: 300007's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 300007's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:19 |
| End of Day Share Price | 2024/12/24 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hanwei Electronics Group Corporation is covered by 12 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 |
|---|---|
| Andy Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Haibo Liu | Citic Securities Co., Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |