Haosen Fintech Group Balance Sheet Health
Financial Health criteria checks 4/6
Haosen Fintech Group has a total shareholder equity of CN¥574.0M and total debt of CN¥185.3M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are CN¥791.1M and CN¥217.1M respectively.
Key information
32.3%
Debt to equity ratio
CN¥185.27m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.92m |
| Equity | CN¥573.98m |
| Total liabilities | CN¥217.10m |
| Total assets | CN¥791.08m |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Haosen Fintech Group Limited (HKG:3848) With Shares Advancing 43%
Dec 21
Haosen Fintech Group Limited's (HKG:3848) Shares May Have Run Too Fast Too Soon
Sep 07Haosen Fintech Group Limited's (HKG:3848) 47% Price Boost Is Out Of Tune With Earnings
May 24Investors Don't See Light At End Of Haosen Fintech Group Limited's (HKG:3848) Tunnel And Push Stock Down 91%
Apr 09What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
Mar 01Can You Imagine How Wealthy Way Group's (HKG:3848) Shareholders Feel About The 25% Share Price Increase?
Jan 24
What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
Nov 30Financial Position Analysis
Short Term Liabilities: 3848's short term assets (CN¥734.4M) exceed its short term liabilities (CN¥213.9M).
Long Term Liabilities: 3848's short term assets (CN¥734.4M) exceed its long term liabilities (CN¥3.2M).
Debt to Equity History and Analysis
Debt Level: 3848's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 3848's debt to equity ratio has reduced from 111.1% to 32.3% over the past 5 years.
Debt Coverage: 3848's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3848'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 | 2025/01/08 20:48 |
| End of Day Share Price | 2025/01/08 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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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
Haosen Fintech 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.
| Analyst | Institution |
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