Wuxi Paike New Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Paike New Materials TechnologyLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥477.9M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥7.0B and CN¥2.6B respectively. Wuxi Paike New Materials TechnologyLtd's EBIT is CN¥291.8M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥2.1B.
Key information
10.9%
Debt to equity ratio
CN¥477.89m
Debt
| Interest coverage ratio | -8.1x |
| Cash | CN¥2.11b |
| Equity | CN¥4.38b |
| Total liabilities | CN¥2.64b |
| Total assets | CN¥7.02b |
Recent financial health updates
Here's Why Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Can Manage Its Debt Responsibly
Oct 18
These 4 Measures Indicate That Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Is Using Debt Reasonably Well
May 27Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?
Feb 27Recent updates
There Are Reasons To Feel Uneasy About Wuxi Paike New Materials TechnologyLtd's (SHSE:605123) Returns On Capital
Nov 26Here's Why Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Can Manage Its Debt Responsibly
Oct 18Further Upside For Wuxi Paike New Materials Technology Co.,Ltd. (SHSE:605123) Shares Could Introduce Price Risks After 33% Bounce
Oct 18Investors Holding Back On Wuxi Paike New Materials Technology Co.,Ltd. (SHSE:605123)
Jul 31These 4 Measures Indicate That Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Is Using Debt Reasonably Well
May 27There May Be Reason For Hope In Wuxi Paike New Materials TechnologyLtd's (SHSE:605123) Disappointing Earnings
May 06Wuxi Paike New Materials Technology Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
May 03Capital Allocation Trends At Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Aren't Ideal
Mar 25Wuxi Paike New Materials Technology Co.,Ltd.'s (SHSE:605123) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 05Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 605123's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 605123's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥334.0M).
Debt to Equity History and Analysis
Debt Level: 605123 has more cash than its total debt.
Reducing Debt: 605123's debt to equity ratio has reduced from 20.9% to 10.9% over the past 5 years.
Debt Coverage: 605123's debt is well covered by operating cash flow (114%).
Interest Coverage: 605123 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:39 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Wuxi Paike New Materials Technology Co.,Ltd. is covered by 9 analysts. 4 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 |
|---|---|
| Chen He | Chasing Securities |
| Liang Li | China Galaxy Securities Co., Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |