Wuxi Hodgen Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Hodgen Technology has a total shareholder equity of CN¥972.1M and total debt of CN¥587.1M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are CN¥2.2B and CN¥1.2B respectively. Wuxi Hodgen Technology's EBIT is CN¥114.2M making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥515.0M.
Key information
60.4%
Debt to equity ratio
CN¥587.07m
Debt
| Interest coverage ratio | 7.8x |
| Cash | CN¥515.00m |
| Equity | CN¥972.14m |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥2.20b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Wuxi Hodgen Technology Co., Ltd. (SZSE:300279) Stock's 35% Jump Looks Justified
Oct 07
Statutory Profit Doesn't Reflect How Good Wuxi Hodgen Technology's (SZSE:300279) Earnings Are
May 01Insufficient Growth At Wuxi Hodgen Technology Co., Ltd. (SZSE:300279) Hampers Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 300279's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300279's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥74.5M).
Debt to Equity History and Analysis
Debt Level: 300279's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 300279's debt to equity ratio has reduced from 91% to 60.4% over the past 5 years.
Debt Coverage: 300279's debt is well covered by operating cash flow (38.2%).
Interest Coverage: 300279's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:41 |
| 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 |
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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
Wuxi Hodgen Technology Co., Ltd. is covered by 2 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 |
|---|---|
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Li Cong Zhang | Huatai Research |