Ningbo Boway Alloy Material Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Boway Alloy Material has a total shareholder equity of CN¥7.8B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥17.3B and CN¥9.5B respectively. Ningbo Boway Alloy Material's EBIT is CN¥2.1B making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥2.0B.
Key information
74.7%
Debt to equity ratio
CN¥5.79b
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥2.01b |
| Equity | CN¥7.76b |
| Total liabilities | CN¥9.50b |
| Total assets | CN¥17.25b |
Recent financial health updates
We Think Ningbo Boway Alloy Material (SHSE:601137) Can Stay On Top Of Its Debt
Dec 11
Is Ningbo Boway Alloy Material (SHSE:601137) A Risky Investment?
Jul 01Ningbo Boway Alloy Material (SHSE:601137) Has A Pretty Healthy Balance Sheet
Mar 17Recent updates
If EPS Growth Is Important To You, Ningbo Boway Alloy Material (SHSE:601137) Presents An Opportunity
Feb 07There's Been No Shortage Of Growth Recently For Ningbo Boway Alloy Material's (SHSE:601137) Returns On Capital
Jan 22A Look At The Fair Value Of Ningbo Boway Alloy Material Company Limited (SHSE:601137)
Jan 08Little Excitement Around Ningbo Boway Alloy Material Company Limited's (SHSE:601137) Earnings
Dec 25We Think Ningbo Boway Alloy Material (SHSE:601137) Can Stay On Top Of Its Debt
Dec 11Ningbo Boway Alloy Material's (SHSE:601137) Earnings May Just Be The Starting Point
Nov 01Is Now The Time To Put Ningbo Boway Alloy Material (SHSE:601137) On Your Watchlist?
Oct 08Ningbo Boway Alloy Material Company Limited's (SHSE:601137) Low P/E No Reason For Excitement
Sep 25We Like These Underlying Return On Capital Trends At Ningbo Boway Alloy Material (SHSE:601137)
Aug 28Is Ningbo Boway Alloy Material (SHSE:601137) A Risky Investment?
Jul 01If EPS Growth Is Important To You, Ningbo Boway Alloy Material (SHSE:601137) Presents An Opportunity
Jun 10Does This Valuation Of Ningbo Boway Alloy Material Company Limited (SHSE:601137) Imply Investors Are Overpaying?
May 27Investors Will Want Ningbo Boway Alloy Material's (SHSE:601137) Growth In ROCE To Persist
May 13We Think Ningbo Boway Alloy Material's (SHSE:601137) Profit Is Only A Baseline For What They Can Achieve
Apr 29Ningbo Boway Alloy Material Company Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 25Ningbo Boway Alloy Material Company Limited (SHSE:601137) Shares Fly 38% But Investors Aren't Buying For Growth
Mar 21Ningbo Boway Alloy Material (SHSE:601137) Has A Pretty Healthy Balance Sheet
Mar 17Financial Position Analysis
Short Term Liabilities: 601137's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: 601137's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 601137's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 601137's debt to equity ratio has increased from 56% to 74.7% over the past 5 years.
Debt Coverage: 601137's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 601137's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 06:30 |
| End of Day Share Price | 2025/02/07 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Ningbo Boway Alloy Material Company Limited is covered by 12 analysts. 5 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 |
|---|---|
| Jun Ge | Changjiang Securities Co. LTD. |
| Peng Zhang | Chasing Securities |
| Chao Li | Citic Securities Co., Ltd. |