Shenzhen hongfuhan Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen hongfuhan Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥331.2M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥2.6B and CN¥640.2M respectively. Shenzhen hongfuhan Technology's EBIT is CN¥108.4M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥788.4M.
Key information
17.0%
Debt to equity ratio
CN¥331.21m
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥788.37m |
| Equity | CN¥1.95b |
| Total liabilities | CN¥640.20m |
| Total assets | CN¥2.59b |
Recent financial health updates
Shenzhen hongfuhan Technology (SZSE:301086) Takes On Some Risk With Its Use Of Debt
Oct 25
Is Shenzhen hongfuhan Technology (SZSE:301086) A Risky Investment?
Jun 18Recent updates
Shenzhen hongfuhan Technology (SZSE:301086) Takes On Some Risk With Its Use Of Debt
Oct 25Unpleasant Surprises Could Be In Store For Shenzhen hongfuhan Technology Co. Ltd.'s (SZSE:301086) Shares
Oct 01Is Shenzhen hongfuhan Technology (SZSE:301086) A Risky Investment?
Jun 18Optimistic Investors Push Shenzhen hongfuhan Technology Co. Ltd. (SZSE:301086) Shares Up 31% But Growth Is Lacking
May 23Earnings Troubles May Signal Larger Issues for Shenzhen hongfuhan Technology (SZSE:301086) Shareholders
May 02Financial Position Analysis
Short Term Liabilities: 301086's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥505.1M).
Long Term Liabilities: 301086's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥135.1M).
Debt to Equity History and Analysis
Debt Level: 301086 has more cash than its total debt.
Reducing Debt: 301086's debt to equity ratio has reduced from 20.8% to 17% over the past 5 years.
Debt Coverage: 301086's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 301086 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 | 2024/12/22 17:41 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 hongfuhan 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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