Hotai Finance Balance Sheet Health
Financial Health criteria checks 3/6
Hotai Finance has a total shareholder equity of NT$41.0B and total debt of NT$277.0B, which brings its debt-to-equity ratio to 676.1%. Its total assets and total liabilities are NT$328.9B and NT$287.9B respectively.
Key information
676.1%
Debt to equity ratio
NT$276.96b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$8.45b |
| Equity | NT$40.97b |
| Total liabilities | NT$287.92b |
| Total assets | NT$328.89b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Hotai Finance Co., Ltd.'s (TWSE:6592) Tunnel
Dec 19
Investor Optimism Abounds Hotai Finance Co., Ltd. (TWSE:6592) But Growth Is Lacking
Aug 30Hotai Finance (TWSE:6592) Has Announced That Its Dividend Will Be Reduced To NT$3.00
Jul 14Hotai Finance's (TWSE:6592) Dividend Is Being Reduced To NT$3.00
Jun 30Lacklustre Performance Is Driving Hotai Finance Co., Ltd.'s (TWSE:6592) Low P/E
May 23Should You Buy Hotai Finance Co., Ltd. (TPE:6592) For Its Dividend?
Feb 24What Type Of Returns Would Hotai Finance's(TPE:6592) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 29Should Hotai Finance Co., Ltd. (TPE:6592) Be Part Of Your Dividend Portfolio?
Nov 24
Financial Position Analysis
Short Term Liabilities: 6592's short term assets (NT$316.2B) exceed its short term liabilities (NT$285.2B).
Long Term Liabilities: 6592's short term assets (NT$316.2B) exceed its long term liabilities (NT$2.7B).
Debt to Equity History and Analysis
Debt Level: 6592's net debt to equity ratio (655.5%) is considered high.
Reducing Debt: 6592's debt to equity ratio has reduced from 871.5% to 676.1% over the past 5 years.
Debt Coverage: 6592's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6592's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 11:25 |
| End of Day Share Price | 2025/01/03 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
Hotai Finance Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Qiuxiang Lin | Jih Sun Securities Investment Consulting Co., Ltd. |
| Zhihong Shih | KGI Securities Co. Ltd. |
| David Lee | SinoPac Securities Investment Service |