Yangzhou Seashine New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yangzhou Seashine New MaterialsLtd has a total shareholder equity of CN¥831.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥898.7M and CN¥67.2M respectively. Yangzhou Seashine New MaterialsLtd's EBIT is CN¥48.4M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥557.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥556.98m |
| Equity | CN¥831.52m |
| Total liabilities | CN¥67.21m |
| Total assets | CN¥898.72m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Yangzhou Seashine New Materials Co.,Ltd. (SZSE:300885) Shares Up 25% But Growth Is Lacking
May 21
Yangzhou 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¥715.3M) exceed its short term liabilities (CN¥65.0M).
Long Term Liabilities: 300885's short term assets (CN¥715.3M) exceed its long term liabilities (CN¥2.2M).
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.