Weigang Environmental Technology Holding Group Balance Sheet Health
Financial Health criteria checks 3/6
Weigang Environmental Technology Holding Group has a total shareholder equity of CN¥472.0M and total debt of CN¥61.8M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥773.7M and CN¥301.6M respectively.
Key information
13.1%
Debt to equity ratio
CN¥61.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.77m |
| Equity | CN¥472.03m |
| Total liabilities | CN¥301.64m |
| Total assets | CN¥773.67m |
Recent financial health updates
Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Oct 24
Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Nov 01Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt Sensibly?
May 17Is Weigang Environmental Technology Holding Group (HKG:1845) A Risky Investment?
Jun 01Weigang Environmental Technology Holding Group (HKG:1845) Seems To Use Debt Rather Sparingly
Dec 13Recent updates
Weigang Environmental Technology Holding Group Limited (HKG:1845) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Mar 06Risks Still Elevated At These Prices As Weigang Environmental Technology Holding Group Limited (HKG:1845) Shares Dive 28%
Mar 06Weigang Environmental Technology Holding Group Limited (HKG:1845) Stock Rockets 52% As Investors Are Less Pessimistic Than Expected
Aug 01Weigang Environmental Technology Holding Group Limited (HKG:1845) Investors Are Less Pessimistic Than Expected
Jun 17Weigang Environmental Technology Holding Group Limited's (HKG:1845) 28% Share Price Plunge Could Signal Some Risk
Mar 13Weigang Environmental Technology Holding Group Limited's (HKG:1845) Popularity With Investors Under Threat As Stock Sinks 29%
Jan 19Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Oct 24Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt In A Risky Way?
Nov 01Is Weigang Environmental Technology Holding Group (HKG:1845) Using Debt Sensibly?
May 17Is Weigang Environmental Technology Holding Group (HKG:1845) A Risky Investment?
Jun 01Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Mar 11Have Insiders Been Selling Weigang Environmental Technology Holding Group Limited (HKG:1845) Shares This Year?
Feb 04Should You Rely On Weigang Environmental Technology Holding Group's (HKG:1845) Earnings Growth?
Jan 09
Weigang Environmental Technology Holding Group (HKG:1845) Seems To Use Debt Rather Sparingly
Dec 13Will Weigang Environmental Technology Holding Group (HKG:1845) Multiply In Value Going Forward?
Nov 25Financial Position Analysis
Short Term Liabilities: 1845's short term assets (CN¥463.8M) exceed its short term liabilities (CN¥276.8M).
Long Term Liabilities: 1845's short term assets (CN¥463.8M) exceed its long term liabilities (CN¥24.9M).
Debt to Equity History and Analysis
Debt Level: 1845's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 1845's debt to equity ratio has increased from 4.6% to 13.1% over the past 5 years.
Debt Coverage: 1845's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: Insufficient data to determine if 1845's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/09 21:31 |
| End of Day Share Price | 2025/05/09 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
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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 Github.
Analyst Sources
Weigang Environmental Technology Holding Group Limited is covered by 0 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.