Hocheng Corporation

TWSE:1810 Stock Report

Market Cap: NT$5.3b

Hocheng Balance Sheet Health

Financial Health criteria checks 5/6

Hocheng has a total shareholder equity of NT$6.8B and total debt of NT$864.3M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are NT$10.4B and NT$3.6B respectively. Hocheng's EBIT is NT$22.9M making its interest coverage ratio -0.5. It has cash and short-term investments of NT$1.0B.

Key information

12.7%

Debt to equity ratio

NT$864.35m

Debt

Interest coverage ratio-0.5x
CashNT$1.04b
EquityNT$6.82b
Total liabilitiesNT$3.59b
Total assetsNT$10.41b

Recent financial health updates

Would Hocheng (TPE:1810) Be Better Off With Less Debt?

Mar 28
Would Hocheng (TPE:1810) Be Better Off With Less Debt?

Is Hocheng (TPE:1810) Using Too Much Debt?

Dec 28
Is Hocheng (TPE:1810) Using Too Much Debt?

Recent updates

Additional Considerations Required While Assessing Hocheng's (TWSE:1810) Strong Earnings

Aug 21
Additional Considerations Required While Assessing Hocheng's (TWSE:1810) Strong Earnings

Hocheng (TWSE:1810) Is Due To Pay A Dividend Of NT$0.20

Jul 22
Hocheng (TWSE:1810) Is Due To Pay A Dividend Of NT$0.20

Hocheng (TWSE:1810) Has Affirmed Its Dividend Of NT$0.20

Jul 03
Hocheng (TWSE:1810) Has Affirmed Its Dividend Of NT$0.20

Some Shareholders Feeling Restless Over Hocheng Corporation's (TWSE:1810) P/S Ratio

Mar 28
Some Shareholders Feeling Restless Over Hocheng Corporation's (TWSE:1810) P/S Ratio

There's Reason For Concern Over Hocheng Corporation's (TPE:1810) Massive 28% Price Jump

Apr 16
There's Reason For Concern Over Hocheng Corporation's (TPE:1810) Massive 28% Price Jump

Would Hocheng (TPE:1810) Be Better Off With Less Debt?

Mar 28
Would Hocheng (TPE:1810) Be Better Off With Less Debt?

Can You Imagine How Hocheng's (TPE:1810) Shareholders Feel About The 15% Share Price Increase?

Feb 01
Can You Imagine How Hocheng's (TPE:1810) Shareholders Feel About The 15% Share Price Increase?

Is Hocheng (TPE:1810) Using Too Much Debt?

Dec 28
Is Hocheng (TPE:1810) Using Too Much Debt?

We're Not Counting On Hocheng (TPE:1810) To Sustain Its Statutory Profitability

Nov 21
We're Not Counting On Hocheng (TPE:1810) To Sustain Its Statutory Profitability

Financial Position Analysis

Short Term Liabilities: 1810's short term assets (NT$4.5B) exceed its short term liabilities (NT$3.1B).

Long Term Liabilities: 1810's short term assets (NT$4.5B) exceed its long term liabilities (NT$492.1M).

Debt to Equity History and Analysis

Debt Level: 1810 has more cash than its total debt.

Reducing Debt: 1810's debt to equity ratio has reduced from 62.2% to 12.7% over the past 5 years.

Debt Coverage: 1810's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1810 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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