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 ratio | 14.1x |
| Cash | CN¥7.98b |
| Equity | CN¥9.42b |
| Total liabilities | CN¥20.92b |
| Total assets | CN¥30.34b |
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
Is 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¥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).