Spic Yuanda Environmental-ProtectionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Spic Yuanda Environmental-ProtectionLtd has a total shareholder equity of CN¥5.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CN¥9.4B and CN¥3.7B respectively. Spic Yuanda Environmental-ProtectionLtd's EBIT is CN¥156.6M making its interest coverage ratio 29.6. It has cash and short-term investments of CN¥695.0M.
Key information
26.4%
Debt to equity ratio
CN¥1.49b
Debt
| Interest coverage ratio | 29.6x |
| Cash | CN¥694.98m |
| Equity | CN¥5.65b |
| Total liabilities | CN¥3.75b |
| Total assets | CN¥9.40b |
Recent financial health updates
Recent updates
Spic Yuanda Environmental-Protection Co.,Ltd. (SHSE:600292) Held Back By Insufficient Growth Even After Shares Climb 36%
Oct 22
Do Spic Yuanda Environmental-ProtectionLtd's (SHSE:600292) Earnings Warrant Your Attention?
Oct 21Is Spic Yuanda Environmental-ProtectionLtd (SHSE:600292) Using Too Much Debt?
Sep 26There Is A Reason Spic Yuanda Environmental-Protection Co.,Ltd.'s (SHSE:600292) Price Is Undemanding
Jun 07Financial Position Analysis
Short Term Liabilities: 600292's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600292's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600292's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 600292's debt to equity ratio has increased from 23.1% to 26.4% over the past 5 years.
Debt Coverage: 600292's debt is well covered by operating cash flow (55.8%).
Interest Coverage: 600292's interest payments on its debt are well covered by EBIT (29.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:44 |
| End of Day Share Price | 2024/12/23 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
Spic Yuanda Environmental-Protection Co.,Ltd. is covered by 8 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 |
|---|---|
| Wang Haixu | Citic Securities Co., Ltd. |
| Jun Peng Chen | Everbright Securities Co. Ltd. |
| Wei Zhou | Founder Securities Co., Ltd. |