Huizhou Speed Wireless TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Huizhou Speed Wireless TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are CN¥2.9B and CN¥1.9B respectively. Huizhou Speed Wireless TechnologyLtd's EBIT is CN¥6.9M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥318.3M.
Key information
101.4%
Debt to equity ratio
CN¥1.11b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥318.35m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥1.85b |
| Total assets | CN¥2.95b |
Recent financial health updates
We Think Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Is Taking Some Risk With Its Debt
Nov 22
Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Jul 16Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Mar 04Recent updates
Huizhou Speed Wireless TechnologyLtd's (SZSE:300322) Returns On Capital Not Reflecting Well On The Business
Dec 19We Think Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Is Taking Some Risk With Its Debt
Nov 22Optimistic Investors Push Huizhou Speed Wireless Technology Co.,Ltd. (SZSE:300322) Shares Up 54% But Growth Is Lacking
Oct 08Huizhou Speed Wireless Technology Co.,Ltd.'s (SZSE:300322) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Aug 16Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Jul 16There's No Escaping Huizhou Speed Wireless Technology Co.,Ltd.'s (SZSE:300322) Muted Revenues Despite A 39% Share Price Rise
Mar 29Would Huizhou Speed Wireless TechnologyLtd (SZSE:300322) Be Better Off With Less Debt?
Mar 04Financial Position Analysis
Short Term Liabilities: 300322's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300322's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥227.3M).
Debt to Equity History and Analysis
Debt Level: 300322's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: 300322's debt to equity ratio has increased from 68.4% to 101.4% over the past 5 years.
Debt Coverage: 300322's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 300322's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 07:40 |
| End of Day Share Price | 2024/12/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Huizhou Speed Wireless Technology Co.,Ltd. is covered by 4 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 |
|---|---|
| Angus Lin | Citic Securities Co., Ltd. |
| Jian Hu | Huatai Research |
| Verena Jeng | Macquarie Research |