Xiamen Yanjan New Material Balance Sheet Health
Financial Health criteria checks 2/6
Xiamen Yanjan New Material has a total shareholder equity of CN¥1.4B and total debt of CN¥986.6M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are CN¥2.7B and CN¥1.3B respectively. Xiamen Yanjan New Material's EBIT is CN¥52.6M making its interest coverage ratio 2. It has cash and short-term investments of CN¥234.0M.
Key information
70.4%
Debt to equity ratio
CN¥986.60m
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥234.02m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥2.72b |
Recent financial health updates
No updates
Recent updates
Xiamen Yanjan New Material's (SZSE:300658) Problems Go Beyond Weak Profit
Nov 04
Xiamen Yanjan New Material Co., Ltd.'s (SZSE:300658) 40% Price Boost Is Out Of Tune With Earnings
Oct 08Xiamen Yanjan New Material (SZSE:300658) Is Reinvesting At Lower Rates Of Return
Sep 30There May Be Reason For Hope In Xiamen Yanjan New Material's (SZSE:300658) Disappointing Earnings
May 06Be Wary Of Xiamen Yanjan New Material (SZSE:300658) And Its Returns On Capital
Apr 17Xiamen Yanjan New Material Co., Ltd.'s (SZSE:300658) 33% Share Price Surge Not Quite Adding Up
Mar 08Financial Position Analysis
Short Term Liabilities: 300658's short term assets (CN¥902.6M) exceed its short term liabilities (CN¥869.9M).
Long Term Liabilities: 300658's short term assets (CN¥902.6M) exceed its long term liabilities (CN¥452.5M).
Debt to Equity History and Analysis
Debt Level: 300658's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: 300658's debt to equity ratio has increased from 50.1% to 70.4% over the past 5 years.
Debt Coverage: 300658's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 300658's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:04 |
| End of Day Share Price | 2024/12/26 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
Xiamen Yanjan New Material Co., Ltd. is covered by 1 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 |
|---|---|
| Xiao Bao Liu | Everbright Securities Co. Ltd. |