HMT (Xiamen) New Technical Materials

SHSE:603306 Stock Report

Mkt Cap: CN¥11.9b

HMT (Xiamen) New Technical Materials Financial Health

How is HMT (Xiamen) New Technical Materials's financial position?

[object Object] Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603306's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥388.6M).

Long Term Liabilities: 603306's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥86.2M).


Debt to Equity History and Analysis

Debt Level: 603306 has more cash than its total debt.

Reducing Debt: 603306's debt to equity ratio has reduced from 1.6% to 0.7% over the past 5 years.

Debt Coverage: 603306's debt is well covered by operating cash flow (753%).

Interest Coverage: 603306 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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