Anhui Genuine NewMaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Genuine NewMaterialsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥200.4M respectively. Anhui Genuine NewMaterialsLtd's EBIT is CN¥113.9M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥767.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥767.75m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥200.39m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Anhui Genuine NewMaterials Co.,Ltd. (SHSE:603429) With Shares Advancing 34%
Dec 16
Anhui Genuine NewMaterialsLtd (SHSE:603429) Will Be Looking To Turn Around Its Returns
Dec 03Revenues Not Telling The Story For Anhui Genuine NewMaterials Co.,Ltd. (SHSE:603429) After Shares Rise 63%
Oct 31Returns On Capital Signal Tricky Times Ahead For Anhui Genuine NewMaterialsLtd (SHSE:603429)
Jun 26Here's What To Make Of Anhui Genuine NewMaterialsLtd's (SHSE:603429) Decelerating Rates Of Return
Feb 28Financial Position Analysis
Short Term Liabilities: 603429's short term assets (CN¥943.8M) exceed its short term liabilities (CN¥169.2M).
Long Term Liabilities: 603429's short term assets (CN¥943.8M) exceed its long term liabilities (CN¥31.2M).
Debt to Equity History and Analysis
Debt Level: 603429 is debt free.
Reducing Debt: 603429 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: 603429 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603429 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 | 2024/12/25 19:46 |
| End of Day Share Price | 2024/12/25 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
Anhui Genuine NewMaterials 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 |
|---|---|
| Mengxuan Zhou | Haitong International Research Limited |
| Zhangxiang Fan | Tianfeng Securities Brokerage Co., Ltd |
| Zhihan Xu | Zhongtai Securities Co. Ltd. |