Nuode New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Nuode New MaterialsLtd has a total shareholder equity of CN¥7.3B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are CN¥15.5B and CN¥8.2B respectively.
Key information
85.5%
Debt to equity ratio
CN¥6.25b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.60b |
| Equity | CN¥7.31b |
| Total liabilities | CN¥8.23b |
| Total assets | CN¥15.55b |
Recent financial health updates
Recent updates
Is Nuode New MaterialsLtd (SHSE:600110) Using Too Much Debt?
Dec 20
Nuode New Materials Co.,Ltd.'s (SHSE:600110) Shares Leap 30% Yet They're Still Not Telling The Full Story
Nov 15A Piece Of The Puzzle Missing From Nuode New Materials Co.,Ltd.'s (SHSE:600110) 25% Share Price Climb
Oct 01Nuode New MaterialsLtd's (SHSE:600110) Weak Earnings Might Be Worse Than They Appear
Apr 17Nuode New Materials Co.,Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 14Subdued Growth No Barrier To Nuode New Materials Co.,Ltd. (SHSE:600110) With Shares Advancing 26%
Mar 07Financial Position Analysis
Short Term Liabilities: 600110's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 600110's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600110's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: 600110's debt to equity ratio has reduced from 130.8% to 85.5% over the past 5 years.
Debt Coverage: 600110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600110'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 | 2024/12/26 08:58 |
| End of Day Share Price | 2024/12/26 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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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
Nuode New Materials Co.,Ltd. is covered by 9 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 |
|---|---|
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Wenping Liu | China Merchants Securities Co. Ltd. |
| Guoxian Ju | First Capital Securities Co. LTD. |