China High Speed Transmission Equipment Group Balance Sheet Health
Financial Health criteria checks 3/6
China High Speed Transmission Equipment Group has a total shareholder equity of CN¥13.4B and total debt of CN¥11.4B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are CN¥44.1B and CN¥30.7B respectively. China High Speed Transmission Equipment Group's EBIT is CN¥806.2M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥6.9B.
Key information
84.8%
Debt to equity ratio
CN¥11.39b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥6.85b |
| Equity | CN¥13.43b |
| Total liabilities | CN¥30.68b |
| Total assets | CN¥44.11b |
Recent financial health updates
Does China High Speed Transmission Equipment Group (HKG:658) Have A Healthy Balance Sheet?
Jun 27
China High Speed Transmission Equipment Group (HKG:658) Seems To Use Debt Quite Sensibly
Mar 07Is China High Speed Transmission Equipment Group (HKG:658) A Risky Investment?
Dec 07China High Speed Transmission Equipment Group (HKG:658) Has A Rock Solid Balance Sheet
Sep 04China High Speed Transmission Equipment Group (HKG:658) Seems To Use Debt Quite Sensibly
Apr 12Is China High Speed Transmission Equipment Group (HKG:658) Using Too Much Debt?
Dec 08Recent updates
Returns On Capital At China High Speed Transmission Equipment Group (HKG:658) Have Stalled
Nov 26Here's Why Shareholders Should Examine China High Speed Transmission Equipment Group Co., Ltd.'s (HKG:658) CEO Compensation Package More Closely
Jun 13Earnings Not Telling The Story For China High Speed Transmission Equipment Group Co., Ltd. (HKG:658) After Shares Rise 26%
May 13Investors Don't See Light At End Of China High Speed Transmission Equipment Group Co., Ltd.'s (HKG:658) Tunnel And Push Stock Down 30%
Mar 07Return Trends At China High Speed Transmission Equipment Group (HKG:658) Aren't Appealing
Feb 26Improved Earnings Required Before China High Speed Transmission Equipment Group Co., Ltd. (HKG:658) Shares Find Their Feet
Jan 09China High Speed Transmission Equipment Group's (HKG:658) Returns On Capital Are Heading Higher
Sep 03Return Trends At China High Speed Transmission Equipment Group (HKG:658) Aren't Appealing
May 30Returns On Capital At China High Speed Transmission Equipment Group (HKG:658) Have Stalled
Feb 22China High Speed Transmission Equipment Group's (HKG:658) Returns Have Hit A Wall
Oct 05Is Now The Time To Put China High Speed Transmission Equipment Group (HKG:658) On Your Watchlist?
Jul 21Does China High Speed Transmission Equipment Group (HKG:658) Have A Healthy Balance Sheet?
Jun 27China High Speed Transmission Equipment Group (HKG:658) Hasn't Managed To Accelerate Its Returns
May 20China High Speed Transmission Equipment Group (HKG:658) Seems To Use Debt Quite Sensibly
Mar 07Investors Met With Slowing Returns on Capital At China High Speed Transmission Equipment Group (HKG:658)
Jan 25Is China High Speed Transmission Equipment Group (HKG:658) A Risky Investment?
Dec 07China High Speed Transmission Equipment Group (HKG:658) Has More To Do To Multiply In Value Going Forward
Oct 19Is Now The Time To Put China High Speed Transmission Equipment Group (HKG:658) On Your Watchlist?
Sep 22China High Speed Transmission Equipment Group (HKG:658) Has A Rock Solid Balance Sheet
Sep 04It's Probably Less Likely That China High Speed Transmission Equipment Group Co., Ltd.'s (HKG:658) CEO Will See A Huge Pay Rise This Year
Jun 18China High Speed Transmission Equipment Group's (HKG:658) Returns Have Hit A Wall
Jun 12China High Speed Transmission Equipment Group (HKG:658) Seems To Use Debt Quite Sensibly
Apr 12Will China High Speed Transmission Equipment Group (HKG:658) Multiply In Value Going Forward?
Mar 08Investors Who Bought China High Speed Transmission Equipment Group (HKG:658) Shares A Year Ago Are Now Up 48%
Feb 15Read This Before Buying China High Speed Transmission Equipment Group Co., Ltd. (HKG:658) For Its Dividend
Jan 28China High Speed Transmission Equipment Group Co., Ltd.'s (HKG:658) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 10We Think China High Speed Transmission Equipment Group's (HKG:658) Statutory Profit Might Understate Its Earnings Potential
Dec 21
Is China High Speed Transmission Equipment Group (HKG:658) Using Too Much Debt?
Dec 08What Can We Make Of China High Speed Transmission Equipment Group's (HKG:658) CEO Compensation?
Nov 23Financial Position Analysis
Short Term Liabilities: 658's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥24.0B).
Long Term Liabilities: 658's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: 658's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: 658's debt to equity ratio has increased from 54.5% to 84.8% over the past 5 years.
Debt Coverage: 658's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 658's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
China High Speed Transmission Equipment Group Co., Ltd. is covered by 31 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 |
|---|---|
| Guo Shou | Barclays |
| Tingting Li | BNP Paribas Securities (Asia) |
| null null | CCB International Securities Limited |