Hunan Boyun New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hunan Boyun New MaterialsLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥350.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are CN¥2.9B and CN¥805.6M respectively. Hunan Boyun New MaterialsLtd's EBIT is CN¥5.0M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥535.1M.
Key information
16.5%
Debt to equity ratio
CN¥350.00m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥535.15m |
| Equity | CN¥2.13b |
| Total liabilities | CN¥805.63m |
| Total assets | CN¥2.93b |
Recent financial health updates
Recent updates
Hunan Boyun New MaterialsLtd's (SZSE:002297) Returns On Capital Are Heading Higher
Dec 24
Some Shareholders Feeling Restless Over Hunan Boyun New Materials Co.,Ltd's (SZSE:002297) P/S Ratio
Sep 26Hunan Boyun New MaterialsLtd (SZSE:002297) Might Have The Makings Of A Multi-Bagger
Aug 01Here's Why Hunan Boyun New MaterialsLtd (SZSE:002297) Has A Meaningful Debt Burden
May 30Shareholders Will Be Pleased With The Quality of Hunan Boyun New MaterialsLtd's (SZSE:002297) Earnings
Apr 09Hunan Boyun New Materials Co.,Ltd (SZSE:002297) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 002297's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥676.3M).
Long Term Liabilities: 002297's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥129.3M).
Debt to Equity History and Analysis
Debt Level: 002297 has more cash than its total debt.
Reducing Debt: 002297's debt to equity ratio has reduced from 22.3% to 16.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 002297 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002297 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:38 |
| End of Day Share Price | 2024/12/25 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
Hunan Boyun New Materials Co.,Ltd is covered by 8 analysts. 0 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 |
|---|---|
| Jian Xin Guan | China Minzu Securities |
| Chen Zhao | Everbright Securities Co. Ltd. |
| Cheng Yang | Founder Securities Co., Ltd. |