Hengxin Technology Ltd.

SEHK:1085 Stock Report

Market Cap: HK$623.9m

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 ratio7.9x
CashCN¥1.23b
EquityCN¥2.86b
Total liabilitiesCN¥1.76b
Total assetsCN¥4.62b

Recent financial health updates

Recent updates

Hengxin Technology (HKG:1085) Will Want To Turn Around Its Return Trends

Oct 07
Hengxin Technology (HKG:1085) Will Want To Turn Around Its Return Trends

Investors Don't See Light At End Of Hengxin Technology Ltd.'s (HKG:1085) Tunnel And Push Stock Down 27%

Jul 16
Investors Don't See Light At End Of Hengxin Technology Ltd.'s (HKG:1085) Tunnel And Push Stock Down 27%

There's Reason For Concern Over Hengxin Technology Ltd.'s (HKG:1085) Massive 27% Price Jump

May 27
There's Reason For Concern Over Hengxin Technology Ltd.'s (HKG:1085) Massive 27% Price Jump

There's No Escaping Hengxin Technology Ltd.'s (HKG:1085) Muted Earnings

Jan 24
There's No Escaping Hengxin Technology Ltd.'s (HKG:1085) Muted Earnings

Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business

Aug 29
Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business

Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet

Jun 09
Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet

Returns On Capital Signal Tricky Times Ahead For Hengxin Technology (HKG:1085)

Apr 18
Returns On Capital Signal Tricky Times Ahead For Hengxin Technology (HKG:1085)

Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business

Jan 11
Hengxin Technology's (HKG:1085) Returns On Capital Not Reflecting Well On The Business

Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return

Sep 23
Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return

Here's What's Concerning About Hengxin Technology's (HKG:1085) Returns On Capital

Apr 21
Here's What's Concerning About Hengxin Technology's (HKG:1085) Returns On Capital

Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet

Mar 21
Hengxin Technology (HKG:1085) Has A Rock Solid Balance Sheet

Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return

Jan 04
Hengxin Technology (HKG:1085) Is Reinvesting At Lower Rates Of Return

Does Hengxin Technology (HKG:1085) Have A Healthy Balance Sheet?

Nov 24
Does Hengxin Technology (HKG:1085) Have A Healthy Balance Sheet?

Hengxin Technology (HKG:1085) Will Will Want To Turn Around Its Return Trends

Jun 08
Hengxin Technology (HKG:1085) Will Will Want To Turn Around Its Return Trends

Hengxin Technology (HKG:1085) Could Easily Take On More Debt

Apr 02
Hengxin Technology (HKG:1085) Could Easily Take On More Debt

Does Hengxin Technology Ltd. (HKG:1085) Have A Place In Your Dividend Portfolio?

Mar 07
Does Hengxin Technology Ltd. (HKG:1085) Have A Place In Your Dividend Portfolio?

Is Hengxin Technology (HKG:1085) Likely To Turn Things Around?

Jan 31
Is Hengxin Technology (HKG:1085) Likely To Turn Things Around?

If You Had Bought Hengxin Technology (HKG:1085) Stock Five Years Ago, You Could Pocket A 14% Gain Today

Jan 10
If You Had Bought Hengxin Technology (HKG:1085) Stock Five Years Ago, You Could Pocket A 14% Gain Today

Should You Use Hengxin Technology's (HKG:1085) Statutory Earnings To Analyse It?

Dec 20
Should You Use Hengxin Technology's (HKG:1085) Statutory Earnings To Analyse It?

Is Hengxin Technology (HKG:1085) Using Too Much Debt?

Dec 03
Is Hengxin Technology (HKG:1085) Using Too Much Debt?

Financial 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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