Beijing Beimo High-tech Frictional MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Beimo High-tech Frictional MaterialLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥342.6M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥4.0B and CN¥1.5B respectively. Beijing Beimo High-tech Frictional MaterialLtd's EBIT is CN¥164.6M making its interest coverage ratio -394.1. It has cash and short-term investments of CN¥405.0M.
Key information
13.4%
Debt to equity ratio
CN¥342.56m
Debt
| Interest coverage ratio | -394.1x |
| Cash | CN¥404.99m |
| Equity | CN¥2.56b |
| Total liabilities | CN¥1.48b |
| Total assets | CN¥4.04b |
Recent financial health updates
We Think Beijing Beimo High-tech Frictional MaterialLtd (SZSE:002985) Has A Fair Chunk Of Debt
Feb 20
We Think Beijing Beimo High-tech Frictional MaterialLtd (SZSE:002985) Can Stay On Top Of Its Debt
Jun 21Recent updates
We Think Beijing Beimo High-tech Frictional MaterialLtd (SZSE:002985) Has A Fair Chunk Of Debt
Feb 20Beijing Beimo High-tech Frictional Material Co.,Ltd's (SZSE:002985) P/S Is Still On The Mark Following 35% Share Price Bounce
Oct 08Beijing Beimo High-tech Frictional MaterialLtd's (SZSE:002985) Weak Earnings May Only Reveal A Part Of The Whole Picture
Sep 10What Does The Future Hold For Beijing Beimo High-tech Frictional Material Co.,Ltd (SZSE:002985)? These Analysts Have Been Cutting Their Estimates
Sep 03Market Participants Recognise Beijing Beimo High-tech Frictional Material Co.,Ltd's (SZSE:002985) Earnings
Aug 14Beijing Beimo High-tech Frictional MaterialLtd (SZSE:002985) Might Be Having Difficulty Using Its Capital Effectively
Jul 13We Think Beijing Beimo High-tech Frictional MaterialLtd (SZSE:002985) Can Stay On Top Of Its Debt
Jun 21Is Now The Time To Look At Buying Beijing Beimo High-tech Frictional Material Co.,Ltd (SZSE:002985)?
May 07Investors Could Be Concerned With Beijing Beimo High-tech Frictional MaterialLtd's (SZSE:002985) Returns On Capital
Mar 26Beijing Beimo High-tech Frictional Material Co.,Ltd (SZSE:002985) Doing What It Can To Lift Shares
Feb 27Financial Position Analysis
Short Term Liabilities: 002985's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002985's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥347.2M).
Debt to Equity History and Analysis
Debt Level: 002985 has more cash than its total debt.
Reducing Debt: 002985's debt to equity ratio has increased from 0% to 13.4% over the past 5 years.
Debt Coverage: 002985's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 002985 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/08 12:36 |
| End of Day Share Price | 2025/05/08 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Beijing Beimo High-tech Frictional Material Co.,Ltd is covered by 6 analysts. 3 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 |
|---|---|
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Yuchen Liu | Everbright Securities Co. Ltd. |
| Meng Ji | Everbright Securities Co. Ltd. |