Ningbo Fujia Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Fujia Industrial has a total shareholder equity of CN¥1.6B and total debt of CN¥255.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively. Ningbo Fujia Industrial's EBIT is CN¥215.0M making its interest coverage ratio -15.7. It has cash and short-term investments of CN¥565.1M.
Key information
16.1%
Debt to equity ratio
CN¥254.97m
Debt
| Interest coverage ratio | -15.7x |
| Cash | CN¥565.07m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥2.96b |
Recent financial health updates
Recent updates
Is Ningbo Fujia Industrial (SHSE:603219) Using Too Much Debt?
Nov 25
Ningbo Fujia Industrial Co., Ltd.'s (SHSE:603219) Prospects Need A Boost To Lift Shares
Oct 18Returns At Ningbo Fujia Industrial (SHSE:603219) Appear To Be Weighed Down
Sep 20Ningbo Fujia Industrial Co., Ltd.'s (SHSE:603219) Share Price Not Quite Adding Up
Jul 04Here's What's Concerning About Ningbo Fujia Industrial's (SHSE:603219) Returns On Capital
Jun 07We Think That There Are More Issues For Ningbo Fujia Industrial (SHSE:603219) Than Just Sluggish Earnings
May 07Financial Position Analysis
Short Term Liabilities: 603219's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603219's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥32.1M).
Debt to Equity History and Analysis
Debt Level: 603219 has more cash than its total debt.
Reducing Debt: 603219's debt to equity ratio has reduced from 44.6% to 16.1% over the past 5 years.
Debt Coverage: 603219's debt is well covered by operating cash flow (144.9%).
Interest Coverage: 603219 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 | 2024/12/23 00:16 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Fujia Industrial Co., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Wei He | China International Capital Corporation Limited |
| Zhouyingzi Tang | China International Capital Corporation Limited |
| Ziyi Chen | Haitong International Research Limited |