Hanpin Electron Co., Ltd.

TWSE:2488 Stock Report

Market Cap: NT$4.6b

Hanpin Electron Balance Sheet Health

Financial Health criteria checks 6/6

Hanpin Electron has a total shareholder equity of NT$2.6B and total debt of NT$30.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are NT$4.0B and NT$1.4B respectively. Hanpin Electron's EBIT is NT$388.7M making its interest coverage ratio -7.3. It has cash and short-term investments of NT$1.8B.

Key information

1.2%

Debt to equity ratio

NT$30.00m

Debt

Interest coverage ratio-7.3x
CashNT$1.79b
EquityNT$2.59b
Total liabilitiesNT$1.39b
Total assetsNT$3.98b

Recent financial health updates

Recent updates

Why Hanpin Electron's (TWSE:2488) Earnings Are Better Than They Seem

Nov 11
Why Hanpin Electron's (TWSE:2488) Earnings Are Better Than They Seem

Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80

Jul 29
Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80

Hanpin Electron's (TWSE:2488) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 15
Hanpin Electron's (TWSE:2488) Shareholders Will Receive A Bigger Dividend Than Last Year

Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80

Jun 24
Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80

We Think Hanpin Electron (TPE:2488) Can Stay On Top Of Its Debt

Apr 06
We Think Hanpin Electron (TPE:2488) Can Stay On Top Of Its Debt

Share Price Aside, Hanpin Electron (TPE:2488) Has Delivered Shareholders A 21% Return.

Mar 11
Share Price Aside, Hanpin Electron (TPE:2488) Has Delivered Shareholders A 21% Return.

Is This A Sign of Things To Come At Hanpin Electron (TPE:2488)?

Feb 21
Is This A Sign of Things To Come At Hanpin Electron (TPE:2488)?

Does Hanpin Electron Co., Ltd. (TPE:2488) Have A Place In Your Dividend Portfolio?

Feb 05
Does Hanpin Electron Co., Ltd. (TPE:2488) Have A Place In Your Dividend Portfolio?

Is The Market Rewarding Hanpin Electron Co., Ltd. (TPE:2488) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Jan 21
Is The Market Rewarding Hanpin Electron Co., Ltd. (TPE:2488) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Is Hanpin Electron (TPE:2488) A Risky Investment?

Jan 06
Is Hanpin Electron (TPE:2488) A Risky Investment?

Does Hanpin Electron's (TPE:2488) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 22
Does Hanpin Electron's (TPE:2488) Statutory Profit Adequately Reflect Its Underlying Profit?

Did You Participate In Any Of Hanpin Electron's (TPE:2488) Respectable 71% Return?

Dec 07
Did You Participate In Any Of Hanpin Electron's (TPE:2488) Respectable 71% Return?

Is Hanpin Electron (TPE:2488) Headed For Trouble?

Nov 22
Is Hanpin Electron (TPE:2488) Headed For Trouble?

Financial Position Analysis

Short Term Liabilities: 2488's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.1B).

Long Term Liabilities: 2488's short term assets (NT$2.8B) exceed its long term liabilities (NT$323.1M).


Debt to Equity History and Analysis

Debt Level: 2488 has more cash than its total debt.

Reducing Debt: 2488's debt to equity ratio has reduced from 8.4% to 1.2% over the past 5 years.

Debt Coverage: 2488's debt is well covered by operating cash flow (3096.4%).

Interest Coverage: 2488 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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