Wenzhou Hongfeng Electrical Alloy Balance Sheet Health
Financial Health criteria checks 2/6
Wenzhou Hongfeng Electrical Alloy has a total shareholder equity of CN¥989.5M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 163.5%. Its total assets and total liabilities are CN¥3.2B and CN¥2.2B respectively. Wenzhou Hongfeng Electrical Alloy's EBIT is CN¥19.0M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥70.5M.
Key information
163.5%
Debt to equity ratio
CN¥1.62b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥70.47m |
| Equity | CN¥989.49m |
| Total liabilities | CN¥2.22b |
| Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Wenzhou Hongfeng Electrical Alloy Co., Ltd.'s (SZSE:300283) Revenues As Shares Take 25% Pounding
Jan 05
Wenzhou Hongfeng Electrical Alloy (SZSE:300283) May Have Issues Allocating Its Capital
Dec 18Wenzhou Hongfeng Electrical Alloy Co., Ltd.'s (SZSE:300283) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Oct 08Insufficient Growth At Wenzhou Hongfeng Electrical Alloy Co., Ltd. (SZSE:300283) Hampers Share Price
Jul 12Wenzhou Hongfeng Electrical Alloy's (SZSE:300283) Problems Go Beyond Poor Profit
Apr 24Optimistic Investors Push Wenzhou Hongfeng Electrical Alloy Co., Ltd. (SZSE:300283) Shares Up 30% But Growth Is Lacking
Mar 07Financial Position Analysis
Short Term Liabilities: 300283's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300283's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300283's net debt to equity ratio (156.4%) is considered high.
Reducing Debt: 300283's debt to equity ratio has increased from 91.2% to 163.5% over the past 5 years.
Debt Coverage: 300283's debt is not well covered by operating cash flow (3%).
Interest Coverage: 300283's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 03:23 |
| End of Day Share Price | 2025/01/06 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
Wenzhou Hongfeng Electrical Alloy 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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