Hengxin Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hengxin Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥4.2B and CN¥1.5B respectively. Hengxin Technology's EBIT is CN¥126.1M making its interest coverage ratio 14.9. It has cash and short-term investments of CN¥1.2B.
Key information
37.0%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | 14.9x |
| Cash | CN¥1.21b |
| Equity | CN¥2.74b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥4.25b |
Recent financial health updates
Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet
Jun 09
Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet
Mar 21Does Hengxin Technology (HKG:1085) Have A Healthy Balance Sheet?
Nov 24Hengxin Technology (HKG:1085) Could Easily Take On More Debt
Apr 02Is Hengxin Technology (HKG:1085) Using Too Much Debt?
Dec 03Recent updates
There's Reason For Concern Over Hengxin Technology Ltd.'s (HKG:1085) Massive 27% Price Jump
May 27There's No Escaping Hengxin Technology Ltd.'s (HKG:1085) Muted Earnings
Jan 24Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business
Aug 29Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet
Jun 09Returns On Capital Signal Tricky Times Ahead For Hengxin Technology (HKG:1085)
Apr 18Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business
Jan 11Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return
Sep 23Here's What's Concerning About Hengxin Technology's (HKG:1085) Returns On Capital
Apr 21Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet
Mar 21Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return
Jan 04Does Hengxin Technology (HKG:1085) Have A Healthy Balance Sheet?
Nov 24Hengxin Technology (HKG:1085) Will Will Want To Turn Around Its Return Trends
Jun 08Hengxin Technology (HKG:1085) Could Easily Take On More Debt
Apr 02Does Hengxin Technology Ltd. (HKG:1085) Have A Place In Your Dividend Portfolio?
Mar 07Is Hengxin Technology (HKG:1085) Likely To Turn Things Around?
Jan 31If You Had Bought Hengxin Technology (HKG:1085) Stock Five Years Ago, You Could Pocket A 14% Gain Today
Jan 10Should You Use Hengxin Technology's (HKG:1085) Statutory Earnings To Analyse It?
Dec 20
Is Hengxin Technology (HKG:1085) Using Too Much Debt?
Dec 03Financial Position Analysis
Short Term Liabilities: 1085's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥648.8M).
Long Term Liabilities: 1085's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥860.4M).
Debt to Equity History and Analysis
Debt Level: 1085 has more cash than its total debt.
Reducing Debt: 1085's debt to equity ratio has increased from 19.8% to 37% over the past 5 years.
Debt Coverage: 1085's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 1085's interest payments on its debt are well covered by EBIT (14.9x coverage).