HMT (Xiamen) New Technical Materials Balance Sheet Health
Financial Health criteria checks 5/6
HMT (Xiamen) New Technical Materials has a total shareholder equity of CN¥3.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are CN¥5.2B and CN¥2.0B respectively. HMT (Xiamen) New Technical Materials's EBIT is CN¥350.7M making its interest coverage ratio 153.4. It has cash and short-term investments of CN¥851.4M.
Key information
45.75%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | 153.4x |
| Cash | CN¥851.41m |
| Equity | CN¥3.27b |
| Total liabilities | CN¥1.97b |
| Total assets | CN¥5.25b |
Recent financial health updates
Here's Why HMT (Xiamen) New Technical Materials (SHSE:603306) Can Manage Its Debt Responsibly
Jan 06
Here's Why HMT (Xiamen) New Technical Materials (SHSE:603306) Can Manage Its Debt Responsibly
Aug 23We Think HMT (Xiamen) New Technical Materials (SHSE:603306) Can Stay On Top Of Its Debt
May 24Recent updates
HMT (Xiamen) New Technical Materials (SHSE:603306) Will Want To Turn Around Its Return Trends
Feb 05HMT (Xiamen) New Technical Materials Co., Ltd (SHSE:603306) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Jan 17Here's Why HMT (Xiamen) New Technical Materials (SHSE:603306) Can Manage Its Debt Responsibly
Jan 06Does HMT (Xiamen) New Technical Materials (SHSE:603306) Deserve A Spot On Your Watchlist?
Dec 18Impressive Earnings May Not Tell The Whole Story For HMT (Xiamen) New Technical Materials (SHSE:603306)
Nov 06Further Upside For HMT (Xiamen) New Technical Materials Co., Ltd (SHSE:603306) Shares Could Introduce Price Risks After 28% Bounce
Nov 01HMT (Xiamen) New Technical Materials' (SHSE:603306) Returns On Capital Not Reflecting Well On The Business
Sep 30The Market Lifts HMT (Xiamen) New Technical Materials Co., Ltd (SHSE:603306) Shares 26% But It Can Do More
Sep 06Here's Why HMT (Xiamen) New Technical Materials (SHSE:603306) Can Manage Its Debt Responsibly
Aug 23HMT (Xiamen) New Technical Materials' (SHSE:603306) Returns On Capital Not Reflecting Well On The Business
Jun 12We Think HMT (Xiamen) New Technical Materials (SHSE:603306) Can Stay On Top Of Its Debt
May 24HMT (Xiamen) New Technical Materials' (SHSE:603306) Strong Earnings Are Of Good Quality
May 06What HMT (Xiamen) New Technical Materials Co., Ltd's (SHSE:603306) P/E Is Not Telling You
Feb 28Financial Position Analysis
Short Term Liabilities: 603306's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥363.8M).
Long Term Liabilities: 603306's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603306's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 603306's debt to equity ratio has increased from 0% to 45.8% over the past 5 years.
Debt Coverage: 603306's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 603306's interest payments on its debt are well covered by EBIT (153.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/20 06:29 |
| End of Day Share Price | 2025/07/18 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
HMT (Xiamen) New Technical Materials Co., Ltd is covered by 3 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 |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Kai Liu | Everbright Securities Co. Ltd. |
| Chao Liang | Guosen Securities Co., Ltd. |