Hunan Yuneng New Energy Battery MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Yuneng New Energy Battery MaterialLtd has a total shareholder equity of CN¥11.5B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥26.1B and CN¥14.7B respectively. Hunan Yuneng New Energy Battery MaterialLtd's EBIT is CN¥1.8B making its interest coverage ratio 10.8. It has cash and short-term investments of CN¥1.4B.
Key information
47.3%
Debt to equity ratio
CN¥5.43b
Debt
| Interest coverage ratio | 10.8x |
| Cash | CN¥1.44b |
| Equity | CN¥11.48b |
| Total liabilities | CN¥14.67b |
| Total assets | CN¥26.15b |
Recent financial health updates
Recent updates
Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Is Increasing Its Dividend To CN¥0.418
May 31
Weak Statutory Earnings May Not Tell The Whole Story For Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358)
May 02Here's Why Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Has A Meaningful Debt Burden
Apr 22Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Is Investing Its Capital With Increasing Efficiency
Mar 26Financial Position Analysis
Short Term Liabilities: 301358's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 301358's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 301358's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 301358's debt to equity ratio has increased from 9.7% to 47.3% over the past 5 years.
Debt Coverage: 301358's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 301358's interest payments on its debt are well covered by EBIT (10.8x coverage).