Anhui Wanwei Updated High-Tech Material IndustryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Wanwei Updated High-Tech Material IndustryLtd has a total shareholder equity of CN¥8.4B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CN¥15.5B and CN¥7.1B respectively. Anhui Wanwei Updated High-Tech Material IndustryLtd's EBIT is CN¥53.6M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥1.9B.
Key information
56.3%
Debt to equity ratio
CN¥4.70b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥1.87b |
| Equity | CN¥8.36b |
| Total liabilities | CN¥7.10b |
| Total assets | CN¥15.46b |
Recent financial health updates
Recent updates
Anhui Wanwei Updated High-Tech Material IndustryLtd (SHSE:600063) Seems To Be Using A Lot Of Debt
Nov 15
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 28Anhui Wanwei Updated High-Tech Material IndustryLtd (SHSE:600063) Will Be Hoping To Turn Its Returns On Capital Around
Oct 13Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (SHSE:600063) Doing What It Can To Lift Shares
Sep 24Investors Continue Waiting On Sidelines For Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (SHSE:600063)
Jun 14Anhui Wanwei Updated High-Tech Material IndustryLtd's (SHSE:600063) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24Need To Know: Analysts Just Made A Substantial Cut To Their Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (SHSE:600063) Estimates
Apr 21Some Investors May Be Worried About Anhui Wanwei Updated High-Tech Material IndustryLtd's (SHSE:600063) Returns On Capital
Mar 12Financial Position Analysis
Short Term Liabilities: 600063's short term assets (CN¥5.3B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 600063's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥829.2M).
Debt to Equity History and Analysis
Debt Level: 600063's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 600063's debt to equity ratio has increased from 39% to 56.3% over the past 5 years.
Debt Coverage: 600063's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: 600063's interest payments on its debt are not well covered by EBIT (1.3x coverage).