HMT (Xiamen) New Technical Materials Co., Ltd

XSSC:603306 Stock Report

Market Cap: CN¥6.3b

HMT (Xiamen) New Technical Materials Balance Sheet Health

Financial Health criteria checks 4/6

HMT (Xiamen) New Technical Materials has a total shareholder equity of CN¥3.9B and total debt of CN¥774.3M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥5.1B and CN¥1.3B respectively. HMT (Xiamen) New Technical Materials's EBIT is CN¥213.8M making its interest coverage ratio -21.2. It has cash and short-term investments of CN¥1.8B.

Key information

20.0%

Debt to equity ratio

CN¥774.31m

Debt

Interest coverage ratio-21.2x
CashCN¥1.80b
EquityCN¥3.87b
Total liabilitiesCN¥1.27b
Total assetsCN¥5.14b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 603306's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥384.9M).

Long Term Liabilities: 603306's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥881.0M).


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 increased from 0% to 20% over the past 5 years.

Debt Coverage: 603306's debt is not well covered by operating cash flow (18.7%).

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


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.