Hi-Yes International Balance Sheet Health
Financial Health criteria checks 3/6
Hi-Yes International has a total shareholder equity of NT$9.8B and total debt of NT$23.0B, which brings its debt-to-equity ratio to 234%. Its total assets and total liabilities are NT$40.4B and NT$30.6B respectively. Hi-Yes International's EBIT is NT$3.3B making its interest coverage ratio 20.9. It has cash and short-term investments of NT$6.0B.
Key information
234.0%
Debt to equity ratio
NT$22.97b
Debt
| Interest coverage ratio | 20.9x |
| Cash | NT$5.98b |
| Equity | NT$9.81b |
| Total liabilities | NT$30.60b |
| Total assets | NT$40.42b |
Recent financial health updates
Hi-Yes International (TWSE:2348) Has A Pretty Healthy Balance Sheet
Jul 04
Hiyes International (TPE:2348) Seems To Use Debt Quite Sensibly
Feb 14Recent updates
Here's Why We Think Hi-Yes International (TWSE:2348) Is Well Worth Watching
Dec 31Insufficient Growth At Hi-Yes International Co., Ltd. (TWSE:2348) Hampers Share Price
Dec 13Hi-Yes International's (TWSE:2348) Performance Raises Some Questions
Nov 22Hi-Yes International Co., Ltd.'s (TWSE:2348) 26% Dip In Price Shows Sentiment Is Matching Earnings
Sep 11Here's Why We Think Hi-Yes International (TWSE:2348) Is Well Worth Watching
Sep 03Hi-Yes International's (TWSE:2348) Dividend Will Be Increased To NT$6.94
Jul 29Hi-Yes International Co., Ltd. (TWSE:2348) Surges 32% Yet Its Low P/E Is No Reason For Excitement
Jul 16Hi-Yes International's (TWSE:2348) Dividend Will Be Increased To NT$6.94
Jul 15Hi-Yes International (TWSE:2348) Has A Pretty Healthy Balance Sheet
Jul 04Hi-Yes International Co., Ltd.'s (TWSE:2348) Shares Bounce 40% But Its Business Still Trails The Market
May 05Hi-Yes International's (TWSE:2348) Earnings Are Of Questionable Quality
Apr 05Hi-Yes International Co., Ltd. (TWSE:2348) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 18Three Things You Should Check Before Buying Hiyes International Co., Ltd. (TPE:2348) For Its Dividend
Mar 28Is Hiyes International Co., Ltd.'s (TPE:2348) ROE Of 41% Impressive?
Mar 07Hiyes International (TPE:2348) Seems To Use Debt Quite Sensibly
Feb 14Did You Participate In Any Of Hiyes International's (TPE:2348) Incredible 303% Return?
Jan 28Three Things You Should Check Before Buying Hiyes International Co., Ltd. (TPE:2348) For Its Dividend
Dec 24Hiyes International Co., Ltd. (TPE:2348) Delivered A Better ROE Than Its Industry
Dec 06
Financial Position Analysis
Short Term Liabilities: 2348's short term assets (NT$30.9B) exceed its short term liabilities (NT$10.2B).
Long Term Liabilities: 2348's short term assets (NT$30.9B) exceed its long term liabilities (NT$20.4B).
Debt to Equity History and Analysis
Debt Level: 2348's net debt to equity ratio (173.1%) is considered high.
Reducing Debt: 2348's debt to equity ratio has increased from 139.2% to 234% over the past 5 years.
Debt Coverage: 2348's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2348's interest payments on its debt are well covered by EBIT (20.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 16:34 |
| 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
Hi-Yes International Co., Ltd. is covered by 2 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 |
|---|---|
| Tommy Lai | KGI Securities Co. Ltd. |
| Mandy Hsieh | SinoPac Securities Investment Service |