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
No updates
Recent updates
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:02 |
| End of Day Share Price | 2024/12/24 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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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.
| Analyst | Institution |
|---|---|
| Sun Feifei | CGS International |
| Beth Childs | CGS International |
| Lei Yang | China Galaxy International Securities (Hong Kong) |