Fujian Supertch Advanced MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Fujian Supertch Advanced MaterialLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥514.1M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are CN¥2.0B and CN¥840.3M respectively. Fujian Supertch Advanced MaterialLtd's EBIT is CN¥123.8M making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥400.3M.
Key information
45.0%
Debt to equity ratio
CN¥514.14m
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥400.25m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥840.26m |
| Total assets | CN¥1.98b |
Recent financial health updates
No updates
Recent updates
Investors Continue Waiting On Sidelines For Fujian Supertch Advanced Material CO.,Ltd. (SHSE:688398)
Jan 16
Even With A 44% Surge, Cautious Investors Are Not Rewarding Fujian Supertch Advanced Material CO.,Ltd.'s (SHSE:688398) Performance Completely
Oct 08Fujian Supertch Advanced MaterialLtd (SHSE:688398) Will Want To Turn Around Its Return Trends
Sep 30Investors Shouldn't Be Too Comfortable With Fujian Supertch Advanced MaterialLtd's (SHSE:688398) Earnings
May 03Financial Position Analysis
Short Term Liabilities: 688398's short term assets (CN¥956.6M) exceed its short term liabilities (CN¥305.4M).
Long Term Liabilities: 688398's short term assets (CN¥956.6M) exceed its long term liabilities (CN¥534.8M).
Debt to Equity History and Analysis
Debt Level: 688398's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 688398's debt to equity ratio has increased from 12.9% to 45% over the past 5 years.
Debt Coverage: 688398's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 688398's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 06:55 |
| End of Day Share Price | 2025/01/27 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
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Analyst Sources
Fujian Supertch Advanced Material 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 |
|---|---|
| Ziyi Chen | Haitong International Research Limited |
| Rongfu Bao | Tianfeng Securities Brokerage Co., Ltd |