GuangDong Leary New Material TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
GuangDong Leary New Material TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥119.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.4B and CN¥279.0M respectively. GuangDong Leary New Material TechnologyLtd's EBIT is CN¥25.4M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥175.9M.
Key information
10.8%
Debt to equity ratio
CN¥119.14m
Debt
| Interest coverage ratio | -7.1x |
| Cash | CN¥175.94m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥278.96m |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At GuangDong Leary New Material TechnologyLtd (SHSE:688683) Paint A Concerning Picture
Dec 01
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues
Nov 04There's Reason For Concern Over GuangDong Leary New Material Technology Co.,Ltd.'s (SHSE:688683) Massive 46% Price Jump
Oct 09GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Optimistic Investors Push GuangDong Leary New Material Technology Co.,Ltd (SHSE:688683) Shares Up 27% But Growth Is Lacking
Mar 06Financial Position Analysis
Short Term Liabilities: 688683's short term assets (CN¥559.7M) exceed its short term liabilities (CN¥151.7M).
Long Term Liabilities: 688683's short term assets (CN¥559.7M) exceed its long term liabilities (CN¥127.3M).
Debt to Equity History and Analysis
Debt Level: 688683 has more cash than its total debt.
Reducing Debt: 688683's debt to equity ratio has increased from 3% to 10.8% over the past 5 years.
Debt Coverage: 688683's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 688683 earns more interest than it pays, so 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 | 2024/12/26 17:39 |
| End of Day Share Price | 2024/12/26 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 |
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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
GuangDong Leary New Material Technology Co.,Ltd. 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 |
|---|---|
| Weiqi Wang | Guosen Securities Co., Ltd. |