Orinko Advanced PlasticsLTD Balance Sheet Health
Financial Health criteria checks 3/6
Orinko Advanced PlasticsLTD has a total shareholder equity of CN¥2.0B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are CN¥6.9B and CN¥4.8B respectively. Orinko Advanced PlasticsLTD's EBIT is CN¥266.7M making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥1.0B.
Key information
113.9%
Debt to equity ratio
CN¥2.32b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥1.03b |
| Equity | CN¥2.04b |
| Total liabilities | CN¥4.83b |
| Total assets | CN¥6.87b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Orinko Advanced Plastics Co.,LTD's (SHSE:688219) Muted Earnings Despite A 30% Share Price Rise
Dec 10
Little Excitement Around Orinko Advanced Plastics Co.,LTD's (SHSE:688219) Earnings
Oct 01Orinko Advanced PlasticsLTD's (SHSE:688219) Earnings Are Weaker Than They Seem
Aug 06Orinko Advanced Plastics Co.,LTD (SHSE:688219) Could Be Riskier Than It Looks
Apr 23Financial Position Analysis
Short Term Liabilities: 688219's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 688219's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 688219's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: 688219's debt to equity ratio has increased from 103.8% to 113.9% over the past 5 years.
Debt Coverage: 688219's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 688219's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:14 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orinko Advanced Plastics Co.,LTD is covered by 3 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 |
|---|---|
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Min Ji | Citic Securities Co., Ltd. |
| Jiancong Yuan | Citic Securities Co., Ltd. |