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
Even With A 44% Surge, Cautious Investors Are Not Rewarding Fujian Supertch Advanced Material CO.,Ltd.'s (SHSE:688398) Performance Completely
Oct 08
Fujian 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).