Hengxin Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hengxin Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥4.6B and CN¥1.8B respectively. Hengxin Technology's EBIT is CN¥137.3M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥1.2B.
Key information
35.4%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | 7.9x |
| Cash | CN¥1.23b |
| Equity | CN¥2.86b |
| Total liabilities | CN¥1.76b |
| Total assets | CN¥4.62b |
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
Hengxin Technology Ltd.'s (HKG:1085) Popularity With Investors Under Threat As Stock Sinks 27%
Nov 25Hengxin Technology (HKG:1085) Will Want To Turn Around Its Return Trends
Oct 07Investors Don't See Light At End Of Hengxin Technology Ltd.'s (HKG:1085) Tunnel And Push Stock Down 27%
Jul 16There'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¥3.0B) exceed its short term liabilities (CN¥933.6M).
Long Term Liabilities: 1085's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥826.7M).
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 19.2% to 35.4% over the past 5 years.
Debt Coverage: 1085's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 1085's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 17:36 |
| End of Day Share Price | 2025/01/02 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
Hengxin Technology Ltd. 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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