Huizhong Instrumentation Balance Sheet Health
Financial Health criteria checks 5/6
Huizhong Instrumentation has a total shareholder equity of CN¥1.1B and total debt of CN¥1.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.2B and CN¥114.5M respectively. Huizhong Instrumentation's EBIT is CN¥91.4M making its interest coverage ratio -34.1. It has cash and short-term investments of CN¥113.7M.
Key information
0.1%
Debt to equity ratio
CN¥1.53m
Debt
| Interest coverage ratio | -34.1x |
| Cash | CN¥113.71m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥114.55m |
| Total assets | CN¥1.23b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Huizhong Instrumentation (SZSE:300371)
Oct 05
Huizhong Instrumentation Co., Ltd.'s (SZSE:300371) Shares Bounce 27% But Its Business Still Trails The Market
Aug 16Be Wary Of Huizhong Instrumentation (SZSE:300371) And Its Returns On Capital
Apr 17The Market Lifts Huizhong Instrumentation Co., Ltd. (SZSE:300371) Shares 38% But It Can Do More
Mar 08Financial Position Analysis
Short Term Liabilities: 300371's short term assets (CN¥810.3M) exceed its short term liabilities (CN¥103.4M).
Long Term Liabilities: 300371's short term assets (CN¥810.3M) exceed its long term liabilities (CN¥11.2M).
Debt to Equity History and Analysis
Debt Level: 300371 has more cash than its total debt.
Reducing Debt: 300371's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300371's debt is well covered by operating cash flow (5367%).
Interest Coverage: 300371 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:25 |
| End of Day Share Price | 2024/12/23 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 |
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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
Huizhong Instrumentation 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 |
|---|---|
| DaJun Li | Founder Securities Co., Ltd. |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |