Hubei Jianghan New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Jianghan New Materials has a total shareholder equity of CN¥4.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.2B and CN¥347.0M respectively. Hubei Jianghan New Materials's EBIT is CN¥594.3M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥3.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥3.75b |
| Equity | CN¥4.81b |
| Total liabilities | CN¥346.97m |
| Total assets | CN¥5.16b |
Recent financial health updates
No updates
Recent updates
Are Hubei Jianghan New Materials Co., Ltd. (SHSE:603281) Investors Paying Above The Intrinsic Value?
Oct 25
Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around
Sep 27We Think That There Are More Issues For Hubei Jianghan New Materials (SHSE:603281) Than Just Sluggish Earnings
Aug 26Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around
Jun 07Financial Position Analysis
Short Term Liabilities: 603281's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥302.2M).
Long Term Liabilities: 603281's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥44.8M).
Debt to Equity History and Analysis
Debt Level: 603281 is debt free.
Reducing Debt: 603281 had no debt 5 years ago.
Debt Coverage: 603281 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603281 has no debt, therefore 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 | 2024/12/23 02:31 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Hubei Jianghan New Materials Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Rui Bin Dong | China Merchants Securities Co. Ltd. |
| Zhe Wang | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |