Silvery Dragon Prestressed MaterialsLTD Tianjin Balance Sheet Health
Financial Health criteria checks 4/6
Silvery Dragon Prestressed MaterialsLTD Tianjin has a total shareholder equity of CN¥2.4B and total debt of CN¥743.8M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥3.8B and CN¥1.5B respectively. Silvery Dragon Prestressed MaterialsLTD Tianjin's EBIT is CN¥286.8M making its interest coverage ratio 30.1. It has cash and short-term investments of CN¥279.3M.
Key information
31.3%
Debt to equity ratio
CN¥743.82m
Debt
| Interest coverage ratio | 30.1x |
| Cash | CN¥279.27m |
| Equity | CN¥2.38b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥3.85b |
Recent financial health updates
No updates
Recent updates
Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Dec 16
Here's Why We Think Silvery Dragon Prestressed MaterialsLTD Tianjin (SHSE:603969) Might Deserve Your Attention Today
Dec 02Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) Shares Fly 39% But Investors Aren't Buying For Growth
Oct 16There's No Escaping Silvery Dragon Prestressed Materials Co.,LTD Tianjin's (SHSE:603969) Muted Earnings
Jun 06Silvery Dragon Prestressed MaterialsLTD Tianjin's (SHSE:603969) Solid Profits Have Weak Fundamentals
Apr 23Silvery Dragon Prestressed MaterialsLTD Tianjin (SHSE:603969) Is Reinvesting At Lower Rates Of Return
Mar 04Earnings Not Telling The Story For Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) After Shares Rise 25%
Mar 04Financial Position Analysis
Short Term Liabilities: 603969's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603969's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥215.0M).
Debt to Equity History and Analysis
Debt Level: 603969's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 603969's debt to equity ratio has increased from 19.6% to 31.3% over the past 5 years.
Debt Coverage: 603969's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 603969's interest payments on its debt are well covered by EBIT (30.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:38 |
| 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
Silvery Dragon Prestressed Materials Co.,LTD Tianjin is covered by 1 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |