Xiamen East Asia Machinery Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen East Asia Machinery Industrial has a total shareholder equity of CN¥1.4B and total debt of CN¥112.8M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥2.3B and CN¥809.6M respectively. Xiamen East Asia Machinery Industrial's EBIT is CN¥216.3M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥513.2M.
Key information
7.8%
Debt to equity ratio
CN¥112.81m
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥513.22m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥809.58m |
| Total assets | CN¥2.25b |
Recent financial health updates
Recent updates
Xiamen East Asia Machinery Industrial (SZSE:301028) Will Want To Turn Around Its Return Trends
Jan 05
There's No Escaping Xiamen East Asia Machinery Industrial Co., Ltd.'s (SZSE:301028) Muted Earnings Despite A 35% Share Price Rise
Oct 08Is Xiamen East Asia Machinery Industrial (SZSE:301028) A Risky Investment?
Sep 30Xiamen East Asia Machinery Industrial's (SZSE:301028) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 03Xiamen East Asia Machinery Industrial (SZSE:301028) Could Be Struggling To Allocate Capital
Jul 31Xiamen East Asia Machinery Industrial's (SZSE:301028) Dividend Will Be Reduced To CN¥0.10
May 31Xiamen East Asia Machinery Industrial (SZSE:301028) Might Be Having Difficulty Using Its Capital Effectively
Apr 17Financial Position Analysis
Short Term Liabilities: 301028's short term assets (CN¥994.7M) exceed its short term liabilities (CN¥678.2M).
Long Term Liabilities: 301028's short term assets (CN¥994.7M) exceed its long term liabilities (CN¥131.4M).
Debt to Equity History and Analysis
Debt Level: 301028 has more cash than its total debt.
Reducing Debt: 301028's debt to equity ratio has increased from 2.1% to 7.8% over the past 5 years.
Debt Coverage: 301028's debt is well covered by operating cash flow (203.8%).
Interest Coverage: 301028 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 | 2025/01/08 18:46 |
| End of Day Share Price | 2025/01/08 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
Xiamen East Asia Machinery Industrial Co., Ltd. is covered by 2 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 |
|---|---|
| Sheng Feng | Zhongtai Securities Co. Ltd. |
| Zhifeng Dai | Zhongtai Securities Co. Ltd. |