Hi Sun Technology (China) Balance Sheet Health
Financial Health criteria checks 5/6
Hi Sun Technology (China) has a total shareholder equity of HK$7.8B and total debt of HK$42.7M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$13.0B and HK$5.3B respectively. Hi Sun Technology (China)'s EBIT is HK$28.1M making its interest coverage ratio -0.4. It has cash and short-term investments of HK$3.9B.
Key information
0.5%
Debt to equity ratio
HK$42.69m
Debt
| Interest coverage ratio | -0.4x |
| Cash | HK$3.88b |
| Equity | HK$7.78b |
| Total liabilities | HK$5.25b |
| Total assets | HK$13.03b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Hi Sun Technology (China) (HKG:818) Is Well Worth Watching
Sep 06
We Like These Underlying Return On Capital Trends At Hi Sun Technology (China) (HKG:818)
Jun 10Here's Why We Think Hi Sun Technology (China) (HKG:818) Is Well Worth Watching
May 20What We Make Of Hi Sun Technology (China)'s (HKG:818) Returns On Capital
Mar 09Are Hi Sun Technology (China)'s (HKG:818) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 01What Kind Of Shareholders Hold The Majority In Hi Sun Technology (China) Limited's (HKG:818) Shares?
Jan 11Hi Sun Technology (China) (HKG:818) Share Prices Have Dropped 26% In The Last Five Years
Dec 22
How Much is Hi Sun Technology (China)'s (HKG:818) CEO Getting Paid?
Dec 01Financial Position Analysis
Short Term Liabilities: 818's short term assets (HK$9.2B) exceed its short term liabilities (HK$5.2B).
Long Term Liabilities: 818's short term assets (HK$9.2B) exceed its long term liabilities (HK$21.6M).
Debt to Equity History and Analysis
Debt Level: 818 has more cash than its total debt.
Reducing Debt: 818's debt to equity ratio has increased from 0.2% to 0.5% over the past 5 years.
Debt Coverage: 818's debt is well covered by operating cash flow (2824.8%).
Interest Coverage: 818 earns more interest than it pays, so coverage of interest payments is not a concern.