GuangDong Leary New Material Technology Co.,Ltd.

SHSE:688683 Stock Report

Market Cap: CN¥3.2b

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
CashCN¥175.94m
EquityCN¥1.10b
Total liabilitiesCN¥278.96m
Total assetsCN¥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
Returns On Capital At GuangDong Leary New Material TechnologyLtd (SHSE:688683) Paint A Concerning Picture

GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues

Nov 04
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Profits May Not Reveal Underlying Issues

There's Reason For Concern Over GuangDong Leary New Material Technology Co.,Ltd.'s (SHSE:688683) Massive 46% Price Jump

Oct 09
There's Reason For Concern Over GuangDong Leary New Material Technology Co.,Ltd.'s (SHSE:688683) Massive 46% Price Jump

GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 02
GuangDong Leary New Material TechnologyLtd's (SHSE:688683) Weak Earnings May Only Reveal A Part Of The Whole Picture

Optimistic Investors Push GuangDong Leary New Material Technology Co.,Ltd (SHSE:688683) Shares Up 27% But Growth Is Lacking

Mar 06
Optimistic Investors Push GuangDong Leary New Material Technology Co.,Ltd (SHSE:688683) Shares Up 27% But Growth Is Lacking

Financial 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


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 17:39
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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.

AnalystInstitution
Weiqi WangGuosen Securities Co., Ltd.