NBTM New Materials Group Balance Sheet Health
Financial Health criteria checks 3/6
NBTM New Materials Group has a total shareholder equity of CN¥3.1B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are CN¥7.4B and CN¥4.3B respectively. NBTM New Materials Group's EBIT is CN¥489.6M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥341.9M.
Key information
97.4%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥341.90m |
| Equity | CN¥3.10b |
| Total liabilities | CN¥4.27b |
| Total assets | CN¥7.37b |
Recent financial health updates
NBTM New Materials Group (SHSE:600114) Takes On Some Risk With Its Use Of Debt
Aug 16
These 4 Measures Indicate That NBTM New Materials Group (SHSE:600114) Is Using Debt Extensively
Mar 06Recent updates
If EPS Growth Is Important To You, NBTM New Materials Group (SHSE:600114) Presents An Opportunity
Nov 14Market Might Still Lack Some Conviction On NBTM New Materials Group Co., Ltd. (SHSE:600114) Even After 27% Share Price Boost
Oct 28Are Investors Undervaluing NBTM New Materials Group Co., Ltd. (SHSE:600114) By 44%?
Sep 30Cautious Investors Not Rewarding NBTM New Materials Group Co., Ltd.'s (SHSE:600114) Performance Completely
Sep 13Impressive Earnings May Not Tell The Whole Story For NBTM New Materials Group (SHSE:600114)
Aug 28NBTM New Materials Group (SHSE:600114) Takes On Some Risk With Its Use Of Debt
Aug 16We Ran A Stock Scan For Earnings Growth And NBTM New Materials Group (SHSE:600114) Passed With Ease
Jul 12Investors Continue Waiting On Sidelines For NBTM New Materials Group Co., Ltd. (SHSE:600114)
May 24These 4 Measures Indicate That NBTM New Materials Group (SHSE:600114) Is Using Debt Extensively
Mar 06Financial Position Analysis
Short Term Liabilities: 600114's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600114's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 600114's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: 600114's debt to equity ratio has increased from 16.5% to 97.4% over the past 5 years.
Debt Coverage: 600114's debt is not well covered by operating cash flow (9%).
Interest Coverage: 600114's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:25 |
| End of Day Share Price | 2024/12/23 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
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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
NBTM New Materials Group Co., Ltd. is covered by 14 analysts. 6 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 |
|---|---|
| Chong Ao | Citic Securities Co., Ltd. |
| Li Shang | Citic Securities Co., Ltd. |
| Weifeng Li | Everbright Securities Co. Ltd. |