Lihuayi Weiyuan Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Lihuayi Weiyuan Chemical has a total shareholder equity of CN¥8.6B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥13.6B and CN¥4.9B respectively. Lihuayi Weiyuan Chemical's EBIT is CN¥97.3M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥1.4B.
Key information
40.0%
Debt to equity ratio
CN¥3.45b
Debt
| Interest coverage ratio | -12.6x |
| Cash | CN¥1.36b |
| Equity | CN¥8.63b |
| Total liabilities | CN¥4.93b |
| Total assets | CN¥13.56b |
Recent financial health updates
Recent updates
Is Lihuayi Weiyuan Chemical (SHSE:600955) Using Too Much Debt?
Dec 11
Lihuayi Weiyuan Chemical Co., Ltd.'s (SHSE:600955) Price Is Right But Growth Is Lacking
Nov 18Returns On Capital Signal Tricky Times Ahead For Lihuayi Weiyuan Chemical (SHSE:600955)
Sep 25Sentiment Still Eluding Lihuayi Weiyuan Chemical Co., Ltd. (SHSE:600955)
Aug 01Take Care Before Diving Into The Deep End On Lihuayi Weiyuan Chemical Co., Ltd. (SHSE:600955)
Apr 16Why Lihuayi Weiyuan Chemical's (SHSE:600955) Soft Earnings Are Just The Beginning Of Its Problems
Mar 25Financial Position Analysis
Short Term Liabilities: 600955's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600955's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 600955's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: 600955's debt to equity ratio has reduced from 198.6% to 40% over the past 5 years.
Debt Coverage: 600955's debt is well covered by operating cash flow (34%).
Interest Coverage: 600955 earns more interest than it pays, so 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 | 2024/12/20 04:24 |
| End of Day Share Price | 2024/12/20 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
Lihuayi Weiyuan Chemical Co., Ltd. is covered by 4 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 |
|---|---|
| Lin Yang | Guosen Securities Co., Ltd. |
| Cong Xue | Guosen Securities Co., Ltd. |
| Junjun Zhu | Haitong International Research Limited |