Shenzhen Hui Chuang Da Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Hui Chuang Da Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥147.4M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥2.8B and CN¥786.8M respectively. Shenzhen Hui Chuang Da Technology's EBIT is CN¥134.5M making its interest coverage ratio 32.6. It has cash and short-term investments of CN¥450.1M.
Key information
7.5%
Debt to equity ratio
CN¥147.36m
Debt
| Interest coverage ratio | 32.6x |
| Cash | CN¥450.07m |
| Equity | CN¥1.97b |
| Total liabilities | CN¥786.85m |
| Total assets | CN¥2.76b |
Recent financial health updates
Here's Why Shenzhen Hui Chuang Da Technology (SZSE:300909) Can Manage Its Debt Responsibly
Dec 02
These 4 Measures Indicate That Shenzhen Hui Chuang Da Technology (SZSE:300909) Is Using Debt Reasonably Well
Jun 08Recent updates
Here's Why Shenzhen Hui Chuang Da Technology (SZSE:300909) Can Manage Its Debt Responsibly
Dec 02Shenzhen Hui Chuang Da Technology Co., Ltd.'s (SZSE:300909) 44% Share Price Surge Not Quite Adding Up
Oct 09These 4 Measures Indicate That Shenzhen Hui Chuang Da Technology (SZSE:300909) Is Using Debt Reasonably Well
Jun 08Some May Be Optimistic About Shenzhen Hui Chuang Da Technology's (SZSE:300909) Earnings
Apr 30Shenzhen Hui Chuang Da Technology Co., Ltd. (SZSE:300909) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 05Financial Position Analysis
Short Term Liabilities: 300909's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥599.5M).
Long Term Liabilities: 300909's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥187.3M).
Debt to Equity History and Analysis
Debt Level: 300909 has more cash than its total debt.
Reducing Debt: 300909's debt to equity ratio has increased from 5.4% to 7.5% over the past 5 years.
Debt Coverage: 300909's debt is well covered by operating cash flow (218.2%).
Interest Coverage: 300909's interest payments on its debt are well covered by EBIT (32.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:36 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Hui Chuang Da Technology 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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