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).