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
Recent updates
Shenzhen Hui Chuang Da Technology Co., Ltd.'s (SZSE:300909) 44% Share Price Surge Not Quite Adding Up
Oct 09
These 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).