Guangzhou Sanfu New Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Guangzhou Sanfu New Materials TechnologyLtd has a total shareholder equity of CN¥610.7M and total debt of CN¥307.1M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥1.3B and CN¥665.7M respectively.
Key information
50.3%
Debt to equity ratio
CN¥307.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥76.73m |
| Equity | CN¥610.72m |
| Total liabilities | CN¥665.67m |
| Total assets | CN¥1.28b |
Recent financial health updates
Is Guangzhou Sanfu New Materials TechnologyLtd (SHSE:688359) Using Too Much Debt?
Oct 08
Guangzhou Sanfu New Materials TechnologyLtd (SHSE:688359) Is Carrying A Fair Bit Of Debt
May 30Recent updates
Guangzhou Sanfu New Materials Technology Co.,Ltd's (SHSE:688359) 33% Price Boost Is Out Of Tune With Revenues
Oct 18Is Guangzhou Sanfu New Materials TechnologyLtd (SHSE:688359) Using Too Much Debt?
Oct 08Guangzhou Sanfu New Materials Technology Co.,Ltd's (SHSE:688359) Popularity With Investors Under Threat As Stock Sinks 25%
Jul 23Guangzhou Sanfu New Materials TechnologyLtd (SHSE:688359) Is Carrying A Fair Bit Of Debt
May 30Risks To Shareholder Returns Are Elevated At These Prices For Guangzhou Sanfu New Materials Technology Co.,Ltd (SHSE:688359)
Apr 23Financial Position Analysis
Short Term Liabilities: 688359's short term assets (CN¥650.9M) exceed its short term liabilities (CN¥513.6M).
Long Term Liabilities: 688359's short term assets (CN¥650.9M) exceed its long term liabilities (CN¥152.0M).
Debt to Equity History and Analysis
Debt Level: 688359's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 688359's debt to equity ratio has increased from 1% to 50.3% over the past 5 years.
Debt Coverage: 688359's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688359's interest payments on its debt are well covered by EBIT.