Suzhou Xingye Materials Technology Co.,Ltd.

SHSE:603928 Stock Report

Market Cap: CN¥3.4b

Suzhou Xingye Materials TechnologyLtd Balance Sheet Health

Financial Health criteria checks 6/6

Suzhou Xingye Materials TechnologyLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥213.2M respectively. Suzhou Xingye Materials TechnologyLtd's EBIT is CN¥62.4M making its interest coverage ratio 232.3. It has cash and short-term investments of CN¥129.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio232.3x
CashCN¥129.94m
EquityCN¥1.50b
Total liabilitiesCN¥213.19m
Total assetsCN¥1.72b

Recent financial health updates

No updates

Recent updates

There's Reason For Concern Over Suzhou Xingye Materials Technology Co.,Ltd.'s (SHSE:603928) Massive 29% Price Jump

Nov 11
There's Reason For Concern Over Suzhou Xingye Materials Technology Co.,Ltd.'s (SHSE:603928) Massive 29% Price Jump

Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

May 07
Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Catapults 31% Though Its Price And Business Still Lag The Market

Mar 08
Suzhou Xingye Materials Technology Co.,Ltd. (SHSE:603928) Stock Catapults 31% Though Its Price And Business Still Lag The Market

Financial Position Analysis

Short Term Liabilities: 603928's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥202.4M).

Long Term Liabilities: 603928's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥10.8M).


Debt to Equity History and Analysis

Debt Level: 603928 is debt free.

Reducing Debt: 603928 has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.

Debt Coverage: 603928 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603928 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 07:17
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Suzhou Xingye Materials Technology Co.,Ltd. is covered by 0 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.

AnalystInstitution