Xiangyang BOYA Precision Industrial Equipments Balance Sheet Health
Financial Health criteria checks 6/6
Xiangyang BOYA Precision Industrial Equipments has a total shareholder equity of CN¥1.0B and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥1.3B and CN¥256.7M respectively. Xiangyang BOYA Precision Industrial Equipments's EBIT is CN¥53.3M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥380.3M.
Key information
5.0%
Debt to equity ratio
CN¥50.00m
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥380.25m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥256.66m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Recent updates
Investors Aren't Buying Xiangyang BOYA Precision Industrial Equipments Co., Ltd's (SZSE:300971) Earnings
Jul 01
Xiangyang BOYA Precision Industrial Equipments (SZSE:300971) Is Due To Pay A Dividend Of CN¥0.25
Jun 02There's No Escaping Xiangyang BOYA Precision Industrial Equipments Co., Ltd's (SZSE:300971) Muted Earnings Despite A 35% Share Price Rise
Mar 07Financial Position Analysis
Short Term Liabilities: 300971's short term assets (CN¥799.8M) exceed its short term liabilities (CN¥218.2M).
Long Term Liabilities: 300971's short term assets (CN¥799.8M) exceed its long term liabilities (CN¥38.5M).
Debt to Equity History and Analysis
Debt Level: 300971 has more cash than its total debt.
Reducing Debt: 300971's debt to equity ratio has reduced from 9.4% to 5% over the past 5 years.
Debt Coverage: 300971's debt is well covered by operating cash flow (97%).
Interest Coverage: 300971 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 | 2024/12/26 10:53 |
| End of Day Share Price | 2024/12/26 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
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Analyst Sources
Xiangyang BOYA Precision Industrial Equipments Co., Ltd is covered by 0 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 |
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