CNGR Advanced Material Co.,Ltd.

SZSE:300919 Stock Report

Market Cap: CN¥36.6b

CNGR Advanced MaterialLtd Balance Sheet Health

Financial Health criteria checks 3/6

CNGR Advanced MaterialLtd has a total shareholder equity of CN¥28.4B and total debt of CN¥27.5B, which brings its debt-to-equity ratio to 96.6%. Its total assets and total liabilities are CN¥71.1B and CN¥42.6B respectively. CNGR Advanced MaterialLtd's EBIT is CN¥2.7B making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥14.4B.

Key information

96.6%

Debt to equity ratio

CN¥27.48b

Debt

Interest coverage ratio3.6x
CashCN¥14.39b
EquityCN¥28.45b
Total liabilitiesCN¥42.62b
Total assetsCN¥71.06b

Recent financial health updates

Recent updates

Here's Why CNGR Advanced MaterialLtd (SZSE:300919) Has A Meaningful Debt Burden

Dec 05
Here's Why CNGR Advanced MaterialLtd (SZSE:300919) Has A Meaningful Debt Burden

CNGR Advanced MaterialLtd's (SZSE:300919) Returns On Capital Not Reflecting Well On The Business

Nov 18
CNGR Advanced MaterialLtd's (SZSE:300919) Returns On Capital Not Reflecting Well On The Business

With EPS Growth And More, CNGR Advanced MaterialLtd (SZSE:300919) Makes An Interesting Case

Oct 21
With EPS Growth And More, CNGR Advanced MaterialLtd (SZSE:300919) Makes An Interesting Case

CNGR Advanced Material Co.,Ltd. (SZSE:300919) Held Back By Insufficient Growth Even After Shares Climb 39%

Oct 01
CNGR Advanced Material Co.,Ltd. (SZSE:300919) Held Back By Insufficient Growth Even After Shares Climb 39%

CNGR Advanced MaterialLtd's (SZSE:300919) Earnings Are Of Questionable Quality

Sep 04
CNGR Advanced MaterialLtd's (SZSE:300919) Earnings Are Of Questionable Quality

Does CNGR Advanced MaterialLtd (SZSE:300919) Have A Healthy Balance Sheet?

Aug 29
Does CNGR Advanced MaterialLtd (SZSE:300919) Have A Healthy Balance Sheet?

There Are Reasons To Feel Uneasy About CNGR Advanced MaterialLtd's (SZSE:300919) Returns On Capital

Jul 18
There Are Reasons To Feel Uneasy About CNGR Advanced MaterialLtd's (SZSE:300919) Returns On Capital

CNGR Advanced Material Co.,Ltd.'s (SZSE:300919) Low P/E No Reason For Excitement

Jun 09
CNGR Advanced Material Co.,Ltd.'s (SZSE:300919) Low P/E No Reason For Excitement

Is It Too Late To Consider Buying CNGR Advanced Material Co.,Ltd. (SZSE:300919)?

May 21
Is It Too Late To Consider Buying CNGR Advanced Material Co.,Ltd. (SZSE:300919)?

CNGR Advanced MaterialLtd (SZSE:300919) May Have Issues Allocating Its Capital

Apr 05
CNGR Advanced MaterialLtd (SZSE:300919) May Have Issues Allocating Its Capital

Financial Position Analysis

Short Term Liabilities: 300919's short term assets (CN¥34.1B) exceed its short term liabilities (CN¥20.6B).

Long Term Liabilities: 300919's short term assets (CN¥34.1B) exceed its long term liabilities (CN¥22.1B).


Debt to Equity History and Analysis

Debt Level: 300919's net debt to equity ratio (46%) is considered high.

Reducing Debt: 300919's debt to equity ratio has increased from 55.9% to 96.6% over the past 5 years.

Debt Coverage: 300919's debt is not well covered by operating cash flow (18.4%).

Interest Coverage: 300919's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


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