Hunan Yuneng New Energy Battery MaterialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Yuneng New Energy Battery MaterialLtd has a total shareholder equity of CN¥11.5B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are CN¥27.5B and CN¥16.0B respectively. Hunan Yuneng New Energy Battery MaterialLtd's EBIT is CN¥475.9M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥1.1B.
Key information
54.0%
Debt to equity ratio
CN¥6.22b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥1.08b |
| Equity | CN¥11.52b |
| Total liabilities | CN¥16.00b |
| Total assets | CN¥27.53b |
Recent financial health updates
Is Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Using Too Much Debt?
Dec 19
Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Takes On Some Risk With Its Use Of Debt
Aug 20Here's Why Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Has A Meaningful Debt Burden
Apr 22Recent updates
Is Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Using Too Much Debt?
Dec 19Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Could Be Struggling To Allocate Capital
Nov 27Hunan Yuneng New Energy Battery Material Co.,Ltd. (SZSE:301358) Soars 35% But It's A Story Of Risk Vs Reward
Nov 06Hunan Yuneng New Energy Battery MaterialLtd's (SZSE:301358) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Takes On Some Risk With Its Use Of Debt
Aug 20Investors Will Want Hunan Yuneng New Energy Battery MaterialLtd's (SZSE:301358) Growth In ROCE To Persist
Jul 25Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Is Increasing Its Dividend To CN¥0.418
May 31Weak 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¥14.0B) exceed its short term liabilities (CN¥12.5B).
Long Term Liabilities: 301358's short term assets (CN¥14.0B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 301358's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 301358's debt to equity ratio has increased from 15.1% to 54% over the past 5 years.
Debt Coverage: 301358's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301358's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:16 |
| End of Day Share Price | 2024/12/25 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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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
Hunan Yuneng New Energy Battery Material Co.,Ltd. is covered by 7 analysts. 8 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 |
|---|---|
| Weichen Wu | Citic Securities Co., Ltd. |
| Jimmy Feng | Citigroup Inc |
| Weiqi Wang | Guosen Securities Co., Ltd. |