Yantai Eddie Precision Machinery Balance Sheet Health
Financial Health criteria checks 4/6
Yantai Eddie Precision Machinery has a total shareholder equity of CN¥3.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are CN¥6.4B and CN¥3.0B respectively. Yantai Eddie Precision Machinery's EBIT is CN¥431.4M making its interest coverage ratio 9.9. It has cash and short-term investments of CN¥930.6M.
Key information
49.2%
Debt to equity ratio
CN¥1.68b
Debt
| Interest coverage ratio | 9.9x |
| Cash | CN¥930.59m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥3.02b |
| Total assets | CN¥6.44b |
Recent financial health updates
Yantai Eddie Precision Machinery (SHSE:603638) Has A Pretty Healthy Balance Sheet
Sep 29
These 4 Measures Indicate That Yantai Eddie Precision Machinery (SHSE:603638) Is Using Debt Reasonably Well
Jun 10Yantai Eddie Precision Machinery (SHSE:603638) Has A Pretty Healthy Balance Sheet
Feb 28Recent updates
Should You Investigate Yantai Eddie Precision Machinery Co., Ltd. (SHSE:603638) At CN¥16.41?
Nov 17Yantai Eddie Precision Machinery (SHSE:603638) Has A Pretty Healthy Balance Sheet
Sep 29Yantai Eddie Precision Machinery Co., Ltd.'s (SHSE:603638) Share Price Not Quite Adding Up
Aug 29Is It Time To Consider Buying Yantai Eddie Precision Machinery Co., Ltd. (SHSE:603638)?
Aug 01Yantai Eddie Precision Machinery (SHSE:603638) Has Announced That It Will Be Increasing Its Dividend To CN¥0.12
Jun 16These 4 Measures Indicate That Yantai Eddie Precision Machinery (SHSE:603638) Is Using Debt Reasonably Well
Jun 10At CN¥17.38, Is Yantai Eddie Precision Machinery Co., Ltd. (SHSE:603638) Worth Looking At Closely?
Apr 30The Returns On Capital At Yantai Eddie Precision Machinery (SHSE:603638) Don't Inspire Confidence
Apr 11Yantai Eddie Precision Machinery (SHSE:603638) Has A Pretty Healthy Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 603638's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603638's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 603638's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 603638's debt to equity ratio has increased from 19.5% to 49.2% over the past 5 years.
Debt Coverage: 603638's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 603638's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:34 |
| End of Day Share Price | 2024/12/20 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
Yantai Eddie Precision Machinery Co., Ltd. is covered by 12 analysts. 5 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 Chen | Chasing Securities |
| Hongwei Huang | Chasing Securities |
| Jing Zou | China International Capital Corporation Limited |