Hangzhou Greenda Electronic Materials Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Greenda Electronic Materials 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¥169.9M respectively. Hangzhou Greenda Electronic Materials's EBIT is CN¥162.4M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥393.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥393.56m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥169.94m |
| Total assets | CN¥1.71b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Hangzhou Greenda Electronic Materials (SHSE:603931) Aren't Ideal
Dec 03
Earnings Not Telling The Story For Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931) After Shares Rise 26%
Nov 06Estimating The Fair Value Of Hangzhou Greenda Electronic Materials Co., Ltd. (SHSE:603931)
Sep 27Hangzhou Greenda Electronic Materials Co., Ltd.'s (SHSE:603931) Business And Shares Still Trailing The Market
May 31Hangzhou Greenda Electronic Materials (SHSE:603931) Will Be Hoping To Turn Its Returns On Capital Around
Mar 28Financial Position Analysis
Short Term Liabilities: 603931's short term assets (CN¥781.9M) exceed its short term liabilities (CN¥140.8M).
Long Term Liabilities: 603931's short term assets (CN¥781.9M) exceed its long term liabilities (CN¥29.1M).
Debt to Equity History and Analysis
Debt Level: 603931 is debt free.
Reducing Debt: 603931 has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.
Debt Coverage: 603931 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603931 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 | 2024/12/24 12:00 |
| End of Day Share Price | 2024/12/24 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
Hangzhou Greenda Electronic Materials Co., Ltd. is covered by 2 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.
| Analyst | Institution |
|---|---|
| Lin Yang | Guosen Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |