Hunan Yujing MachineryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Yujing MachineryLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥843.0M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are CN¥3.5B and CN¥2.2B respectively. Hunan Yujing MachineryLtd's EBIT is CN¥73.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥213.5M.
Key information
63.1%
Debt to equity ratio
CN¥843.05m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥213.50m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥2.16b |
| Total assets | CN¥3.50b |
Recent financial health updates
Hunan Yujing MachineryLtd (SZSE:002943) Takes On Some Risk With Its Use Of Debt
Oct 16
Here's Why Hunan Yujing MachineryLtd (SZSE:002943) Can Manage Its Debt Responsibly
Mar 26Recent updates
Earnings Troubles May Signal Larger Issues for Hunan Yujing MachineryLtd (SZSE:002943) Shareholders
Nov 07Hunan Yujing MachineryLtd (SZSE:002943) Takes On Some Risk With Its Use Of Debt
Oct 16Why Investors Shouldn't Be Surprised By Hunan Yujing Machinery Co.,Ltd's (SZSE:002943) 28% Share Price Surge
Sep 27Many Still Looking Away From Hunan Yujing Machinery Co.,Ltd (SZSE:002943)
Jun 13Hunan Yujing MachineryLtd's (SZSE:002943) Profits May Not Reveal Underlying Issues
May 01Hunan Yujing MachineryLtd (SZSE:002943) Might Be Having Difficulty Using Its Capital Effectively
Apr 17Here's Why Hunan Yujing MachineryLtd (SZSE:002943) Can Manage Its Debt Responsibly
Mar 26After Leaping 33% Hunan Yujing Machinery Co.,Ltd (SZSE:002943) Shares Are Not Flying Under The Radar
Mar 01Financial Position Analysis
Short Term Liabilities: 002943's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002943's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥974.8M).
Debt to Equity History and Analysis
Debt Level: 002943's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: 002943's debt to equity ratio has increased from 1.9% to 63.1% over the past 5 years.
Debt Coverage: 002943's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002943's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 18:48 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hunan Yujing Machinery Co.,Ltd is covered by 1 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 Pan | Tianfeng Securities Brokerage Co., Ltd |