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 -0.6. 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 | -0.6x |
| Cash | NT$1.04b |
| Equity | NT$6.82b |
| Total liabilities | NT$3.59b |
| Total assets | NT$10.41b |
Recent financial health updates
Would Hocheng (TPE:1810) Be Better Off With Less Debt?
Mar 28
Is Hocheng (TPE:1810) Using Too Much Debt?
Dec 28
Recent updates
Additional Considerations Required While Assessing Hocheng's (TWSE:1810) Strong Earnings
Aug 21Hocheng (TWSE:1810) Is Due To Pay A Dividend Of NT$0.20
Jul 22Hocheng (TWSE:1810) Has Affirmed Its Dividend Of NT$0.20
Jul 03Some Shareholders Feeling Restless Over Hocheng Corporation's (TWSE:1810) P/S Ratio
Mar 28There's Reason For Concern Over Hocheng Corporation's (TPE:1810) Massive 28% Price Jump
Apr 16Would Hocheng (TPE:1810) Be Better Off With Less Debt?
Mar 28Can You Imagine How Hocheng's (TPE:1810) Shareholders Feel About The 15% Share Price Increase?
Feb 01Is Hocheng (TPE:1810) Using Too Much Debt?
Dec 28We're Not Counting On Hocheng (TPE:1810) To Sustain Its Statutory Profitability
Nov 21Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 07:49 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hocheng Corporation is covered by 3 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 |
|---|---|
| Meijun Yeh | Capital Securities Corporation |
| null null | E.Sun Securities Investment Consulting Co. Ltd. |
| Amol Modak | Virtua Research Inc. |