CNGR Advanced Material Co.,Ltd.

SZSE:300919 Stock Report

Market Cap: CN¥35.0b

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

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

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

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

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 16:41
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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 .

Analyst Sources

CNGR Advanced Material Co.,Ltd. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tao ZengChina International Capital Corporation Limited
Shuo LiuChina International Capital Corporation Limited
Jia Xun YouChina Merchants Securities Co. Ltd.