Sanxiang Advanced Materials Balance Sheet Health
Financial Health criteria checks 5/6
Sanxiang Advanced Materials has a total shareholder equity of CN¥1.4B and total debt of CN¥447.9M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CN¥2.2B and CN¥770.7M respectively. Sanxiang Advanced Materials's EBIT is CN¥79.0M making its interest coverage ratio 9.3. It has cash and short-term investments of CN¥84.6M.
Key information
32.1%
Debt to equity ratio
CN¥447.86m
Debt
| Interest coverage ratio | 9.3x |
| Cash | CN¥84.56m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥770.66m |
| Total assets | CN¥2.17b |
Recent financial health updates
Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance Sheet
Oct 22
Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?
Jun 04We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its Debt
Feb 28Recent updates
Sanxiang Advanced Materials (SHSE:603663) Will Be Hoping To Turn Its Returns On Capital Around
Dec 24Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Nov 11Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance Sheet
Oct 22Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Earnings Haven't Escaped The Attention Of Investors
Sep 27Some Investors May Be Willing To Look Past Sanxiang Advanced Materials' (SHSE:603663) Soft Earnings
Aug 30Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 09Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?
Jun 04Subdued Growth No Barrier To Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) With Shares Advancing 48%
Apr 23Capital Allocation Trends At Sanxiang Advanced Materials (SHSE:603663) Aren't Ideal
Mar 27There's Reason For Concern Over Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Massive 31% Price Jump
Mar 06We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 603663's short term assets (CN¥917.8M) exceed its short term liabilities (CN¥731.8M).
Long Term Liabilities: 603663's short term assets (CN¥917.8M) exceed its long term liabilities (CN¥38.9M).
Debt to Equity History and Analysis
Debt Level: 603663's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 603663's debt to equity ratio has reduced from 45.1% to 32.1% over the past 5 years.
Debt Coverage: 603663's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 603663's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:18 |
| End of Day Share Price | 2024/12/27 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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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 .
Analyst Sources
Sanxiang Advanced Materials Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Jiancong Yuan | Citic Securities Co., Ltd. |
| Weichen Wu | Citic Securities Co., Ltd. |
| Zhiqiang Ren | Industrial Securities Co. Ltd. |