Anhui Zhongyuan New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Zhongyuan New Materials has a total shareholder equity of CN¥2.0B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥4.0B and CN¥2.0B respectively. Anhui Zhongyuan New Materials's EBIT is CN¥148.2M making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥227.4M.
Key information
60.0%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥227.38m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥2.02b |
| Total assets | CN¥4.04b |
Recent financial health updates
No updates
Recent updates
Anhui Zhongyuan New Materials Co., Ltd. (SHSE:603527) Stock Catapults 35% Though Its Price And Business Still Lag The Market
Nov 21
We Think You Should Be Aware Of Some Concerning Factors In Anhui Zhongyuan New Materials' (SHSE:603527) Earnings
Nov 02Little Excitement Around Anhui Zhongyuan New Materials Co., Ltd.'s (SHSE:603527) Earnings
Sep 30Anhui Zhongyuan New Materials (SHSE:603527) Could Be Struggling To Allocate Capital
Jun 05Why Anhui Zhongyuan New Materials' (SHSE:603527) Soft Earnings Are Just The Beginning Of Its Problems
May 02Anhui Zhongyuan New Materials Co., Ltd.'s (SHSE:603527) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 29Financial Position Analysis
Short Term Liabilities: 603527's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603527's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥298.5M).
Debt to Equity History and Analysis
Debt Level: 603527's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: 603527's debt to equity ratio has increased from 22.2% to 60% over the past 5 years.
Debt Coverage: 603527's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603527's interest payments on its debt are well covered by EBIT (5.9x coverage).