Yangzhou Seashine New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yangzhou Seashine New MaterialsLtd has a total shareholder equity of CN¥846.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥905.0M and CN¥58.5M respectively. Yangzhou Seashine New MaterialsLtd's EBIT is CN¥54.2M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥590.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥590.89m |
| Equity | CN¥846.54m |
| Total liabilities | CN¥58.45m |
| Total assets | CN¥904.99m |
Recent financial health updates
No updates
Recent updates
Yangzhou Seashine New MaterialsLtd (SZSE:300885) Will Be Hoping To Turn Its Returns On Capital Around
Sep 28
Optimistic Investors Push Yangzhou Seashine New Materials Co.,Ltd. (SZSE:300885) Shares Up 25% But Growth Is Lacking
May 21Yangzhou Seashine New MaterialsLtd's (SZSE:300885) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Yangzhou Seashine New Materials Co.,Ltd.'s (SZSE:300885) 25% Share Price Surge Not Quite Adding Up
Mar 06Financial Position Analysis
Short Term Liabilities: 300885's short term assets (CN¥725.7M) exceed its short term liabilities (CN¥56.3M).
Long Term Liabilities: 300885's short term assets (CN¥725.7M) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 300885 is debt free.
Reducing Debt: 300885 has not had any debt for past 5 years.
Debt Coverage: 300885 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300885 has no debt, therefore 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 | 2024/12/24 03:08 |
| End of Day Share Price | 2024/12/24 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
Yangzhou Seashine New Materials Co.,Ltd. is covered by 3 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 |
|---|---|
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Andy Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Zu Xue Qiu | Industrial Securities Co. Ltd. |