Xinyaqiang Silicon ChemistryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xinyaqiang Silicon ChemistryLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.6B and CN¥257.2M respectively. Xinyaqiang Silicon ChemistryLtd's EBIT is CN¥65.0M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥1.08b |
| Equity | CN¥2.38b |
| Total liabilities | CN¥257.23m |
| Total assets | CN¥2.64b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Xinyaqiang Silicon ChemistryLtd (SHSE:603155)
Nov 07
Investors Could Be Concerned With Xinyaqiang Silicon ChemistryLtd's (SHSE:603155) Returns On Capital
Sep 11Xinyaqiang Silicon Chemistry Co.,Ltd (SHSE:603155) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Aug 08Xinyaqiang Silicon ChemistryLtd's (SHSE:603155) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03Financial Position Analysis
Short Term Liabilities: 603155's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥169.9M).
Long Term Liabilities: 603155's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥87.4M).
Debt to Equity History and Analysis
Debt Level: 603155 is debt free.
Reducing Debt: 603155 had no debt 5 years ago.
Debt Coverage: 603155 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603155 has no debt, therefore coverage of interest payments is not a concern.