Jiangxi Haiyuan Composites TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangxi Haiyuan Composites TechnologyLtd has a total shareholder equity of CN¥408.6M and total debt of CN¥169.8M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are CN¥936.3M and CN¥527.7M respectively.
Key information
41.6%
Debt to equity ratio
CN¥169.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥32.83m |
| Equity | CN¥408.62m |
| Total liabilities | CN¥527.71m |
| Total assets | CN¥936.33m |
Recent financial health updates
No updates
Recent updates
Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected
Nov 08
Revenues Not Telling The Story For Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529) After Shares Rise 26%
Sep 24Risks Still Elevated At These Prices As Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529) Shares Dive 26%
Jun 06Jiangxi Haiyuan Composites Technology Co.,Ltd.'s (SZSE:002529) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors
Apr 16The Price Is Right For Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529)
Feb 28Financial Position Analysis
Short Term Liabilities: 002529's short term assets (CN¥247.5M) do not cover its short term liabilities (CN¥455.1M).
Long Term Liabilities: 002529's short term assets (CN¥247.5M) exceed its long term liabilities (CN¥72.6M).
Debt to Equity History and Analysis
Debt Level: 002529's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 002529's debt to equity ratio has increased from 25.1% to 41.6% 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: 002529 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002529 has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:05 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
Jiangxi Haiyuan Composites Technology Co.,Ltd. is covered by 11 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 |
|---|---|
| Yong Peng | BOCI Research Ltd. |
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Jigang Niu | Donghai Securities Co. Ltd. |