Huitongda Network Balance Sheet Health
Financial Health criteria checks 6/6
Huitongda Network has a total shareholder equity of CN¥9.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥28.5B and CN¥18.9B respectively. Huitongda Network's EBIT is CN¥552.3M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥7.1B.
Key information
13.66%
Debt to equity ratio
CN¥1.31b
Debt
| Interest coverage ratio | 7.1x |
| Cash | CN¥7.07b |
| Equity | CN¥9.61b |
| Total liabilities | CN¥18.88b |
| Total assets | CN¥28.49b |
Recent financial health updates
Is Huitongda Network (HKG:9878) A Risky Investment?
Oct 21
Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?
Apr 19Recent updates
Huitongda Network Co., Ltd. (HKG:9878) Shares Slammed 37% But Getting In Cheap Might Be Difficult Regardless
Apr 07Earnings Troubles May Signal Larger Issues for Huitongda Network (HKG:9878) Shareholders
Apr 04Huitongda Network Co., Ltd. (HKG:9878) Analysts Just Cut Their EPS Forecasts Substantially
Apr 03Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)
Mar 20Investors Appear Satisfied With Huitongda Network Co., Ltd.'s (HKG:9878) Prospects As Shares Rocket 26%
Feb 21Why We're Not Concerned About Huitongda Network Co., Ltd.'s (HKG:9878) Share Price
Dec 02Is Huitongda Network (HKG:9878) A Risky Investment?
Oct 21Investors Met With Slowing Returns on Capital At Huitongda Network (HKG:9878)
Sep 23Getting In Cheap On Huitongda Network Co., Ltd. (HKG:9878) Might Be Difficult
Jun 28Huitongda Network (HKG:9878) Is Looking To Continue Growing Its Returns On Capital
May 30Huitongda Network's (HKG:9878) Profits May Not Reveal Underlying Issues
May 03Does Huitongda Network (HKG:9878) Have A Healthy Balance Sheet?
Apr 19Return Trends At Huitongda Network (HKG:9878) Aren't Appealing
Feb 29Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down
Nov 22Here's Why We Think Huitongda Network (HKG:9878) Might Deserve Your Attention Today
Oct 26There May Be Underlying Issues With The Quality Of Huitongda Network's (HKG:9878) Earnings
Oct 05Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward
Aug 08Fewer Investors Than Expected Jumping On Huitongda Network Co., Ltd. (HKG:9878)
Jul 20Huitongda Network Co., Ltd. (HKG:9878) Shares Could Be 43% Below Their Intrinsic Value Estimate
Apr 18Returns At Huitongda Network (HKG:9878) Appear To Be Weighed Down
Mar 15Financial Position Analysis
Short Term Liabilities: 9878's short term assets (CN¥25.8B) exceed its short term liabilities (CN¥18.6B).
Long Term Liabilities: 9878's short term assets (CN¥25.8B) exceed its long term liabilities (CN¥249.6M).
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 well covered by operating cash flow (21%).
Interest Coverage: 9878's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 15:51 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Huitongda Network Co., Ltd. is covered by 8 analysts. 3 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 |
|---|---|
| Sun Feifei | CGS International |
| Beth Childs | CGS International |
| Lei Yang | China Galaxy International Securities (Hong Kong) |