Huitongda Network Co., Ltd.

SEHK:9878 Stock Report

Market Cap: HK$9.7b

Huitongda Network Balance Sheet Health

Financial Health criteria checks 5/6

Huitongda Network has a total shareholder equity of CN¥9.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥30.3B and CN¥20.9B respectively. Huitongda Network's EBIT is CN¥562.9M making its interest coverage ratio 14.1. It has cash and short-term investments of CN¥8.0B.

Key information

17.5%

Debt to equity ratio

CN¥1.65b

Debt

Interest coverage ratio14.1x
CashCN¥7.98b
EquityCN¥9.42b
Total liabilitiesCN¥20.92b
Total assetsCN¥30.34b

Recent financial health updates

Is Huitongda Network (HKG:9878) A Risky Investment?

Oct 21
Is Huitongda Network (HKG:9878) A Risky Investment?

Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Apr 19
Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Recent updates

Why We're Not Concerned About Huitongda Network Co., Ltd.'s (HKG:9878) Share Price

Dec 02
Why We're Not Concerned About Huitongda Network Co., Ltd.'s (HKG:9878) Share Price

Is Huitongda Network (HKG:9878) A Risky Investment?

Oct 21
Is Huitongda Network (HKG:9878) A Risky Investment?

Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)

Sep 23
Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)

Getting In Cheap On Huitongda Network Co., Ltd. (HKG:9878) Might Be Difficult

Jun 28
Getting In Cheap On Huitongda Network Co., Ltd. (HKG:9878) Might Be Difficult

Huitongda Network (HKG:9878) Is Looking To Continue Growing Its Returns On Capital

May 30
Huitongda Network (HKG:9878) Is Looking To Continue Growing Its Returns On Capital

Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

May 03
Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues

Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Apr 19
Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?

Return Trends At Huitongda Network (HKG:9878) Aren't Appealing

Feb 29
Return Trends At Huitongda Network (HKG:9878) Aren't Appealing

Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Nov 22
Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today

Oct 26
Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today

There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings

Oct 05
There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings

Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward

Aug 08
Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward

Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)

Jul 20
Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)

Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate

Apr 18
Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate

Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Mar 15
Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down

Financial Position Analysis

Short Term Liabilities: 9878's short term assets (CN¥28.4B) exceed its short term liabilities (CN¥20.6B).

Long Term Liabilities: 9878's short term assets (CN¥28.4B) exceed its long term liabilities (CN¥267.7M).

Debt to Equity History and Analysis

Debt Level: 9878 has more cash than its total debt.

Reducing Debt: 9878 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 9878's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: 9878's interest payments on its debt are well covered by EBIT (14.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 23:48
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Huitongda Network Co., Ltd. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sun FeifeiCGS International
Beth ChildsCGS International
Lei YangChina Galaxy International Securities (Hong Kong)