Wanhua Chemical Group Balance Sheet Health
Financial Health criteria checks 3/6
Wanhua Chemical Group has a total shareholder equity of CN¥101.6B and total debt of CN¥121.1B, which brings its debt-to-equity ratio to 119.2%. Its total assets and total liabilities are CN¥309.6B and CN¥208.0B respectively. Wanhua Chemical Group's EBIT is CN¥19.9B making its interest coverage ratio 16.4. It has cash and short-term investments of CN¥41.2B.
Key information
119.2%
Debt to equity ratio
CN¥121.09b
Debt
| Interest coverage ratio | 16.4x |
| Cash | CN¥41.19b |
| Equity | CN¥101.60b |
| Total liabilities | CN¥208.04b |
| Total assets | CN¥309.64b |
Recent financial health updates
Is Wanhua Chemical Group (SHSE:600309) Using Too Much Debt?
Nov 13
Wanhua Chemical Group (SHSE:600309) Has A Somewhat Strained Balance Sheet
Jul 29Does Wanhua Chemical Group (SHSE:600309) Have A Healthy Balance Sheet?
Feb 29Recent updates
Is Wanhua Chemical Group (SHSE:600309) Using Too Much Debt?
Nov 13Is It Too Late To Consider Buying Wanhua Chemical Group Co., Ltd. (SHSE:600309)?
Oct 24Investors Aren't Buying Wanhua Chemical Group Co., Ltd.'s (SHSE:600309) Earnings
Oct 10Be Wary Of Wanhua Chemical Group (SHSE:600309) And Its Returns On Capital
Sep 27Calculating The Fair Value Of Wanhua Chemical Group Co., Ltd. (SHSE:600309)
Sep 13Wanhua Chemical Group (SHSE:600309) Has A Somewhat Strained Balance Sheet
Jul 29Benign Growth For Wanhua Chemical Group Co., Ltd. (SHSE:600309) Underpins Its Share Price
Jun 05The Returns On Capital At Wanhua Chemical Group (SHSE:600309) Don't Inspire Confidence
May 06Should You Think About Buying Wanhua Chemical Group Co., Ltd. (SHSE:600309) Now?
Apr 08Concerns Surrounding Wanhua Chemical Group's (SHSE:600309) Performance
Mar 25Does Wanhua Chemical Group (SHSE:600309) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 600309's short term assets (CN¥91.9B) do not cover its short term liabilities (CN¥139.4B).
Long Term Liabilities: 600309's short term assets (CN¥91.9B) exceed its long term liabilities (CN¥68.7B).
Debt to Equity History and Analysis
Debt Level: 600309's net debt to equity ratio (78.6%) is considered high.
Reducing Debt: 600309's debt to equity ratio has increased from 76.4% to 119.2% over the past 5 years.
Debt Coverage: 600309's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 600309's interest payments on its debt are well covered by EBIT (16.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:23 |
| End of Day Share Price | 2024/12/19 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
Wanhua Chemical Group Co., Ltd. is covered by 41 analysts. 19 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 |
|---|---|
| Xiaoman Ni | BOCI Research Ltd. |
| Yiming Wang | BofA Global Research |
| Di Wu | China International Capital Corporation Limited |