Advanced Technology & Materials Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Technology & Materials has a total shareholder equity of CN¥6.4B and total debt of CN¥850.6M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥10.9B and CN¥4.6B respectively. Advanced Technology & Materials's EBIT is CN¥343.6M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥2.3B.
Key information
13.4%
Debt to equity ratio
CN¥850.57m
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥2.26b |
| Equity | CN¥6.36b |
| Total liabilities | CN¥4.58b |
| Total assets | CN¥10.93b |
Recent financial health updates
We Think Advanced Technology & Materials (SZSE:000969) Can Manage Its Debt With Ease
Sep 25
Is Advanced Technology & Materials (SZSE:000969) A Risky Investment?
Jun 25Recent updates
Returns At Advanced Technology & Materials (SZSE:000969) Are On The Way Up
Nov 27Advanced Technology & Materials Co., Ltd. (SZSE:000969) Held Back By Insufficient Growth Even After Shares Climb 30%
Nov 11Calculating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)
Oct 11We Think Advanced Technology & Materials (SZSE:000969) Can Manage Its Debt With Ease
Sep 25Advanced Technology & Materials (SZSE:000969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 05Investor Optimism Abounds Advanced Technology & Materials Co., Ltd. (SZSE:000969) But Growth Is Lacking
Aug 01Advanced Technology & Materials' (SZSE:000969) Returns On Capital Are Heading Higher
Jul 14Is Advanced Technology & Materials (SZSE:000969) A Risky Investment?
Jun 25Estimating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)
May 25Advanced Technology & Materials (SZSE:000969) Is Experiencing Growth In Returns On Capital
Mar 28Advanced Technology & Materials Co., Ltd. (SZSE:000969) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Mar 07Financial Position Analysis
Short Term Liabilities: 000969's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 000969's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥945.9M).
Debt to Equity History and Analysis
Debt Level: 000969 has more cash than its total debt.
Reducing Debt: 000969's debt to equity ratio has reduced from 25.6% to 13.4% over the past 5 years.
Debt Coverage: 000969's debt is well covered by operating cash flow (98%).
Interest Coverage: 000969 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 | 2024/12/28 04:14 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
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
Advanced Technology & Materials Co., Ltd. is covered by 14 analysts. 1 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 |
|---|---|
| Weijiang He | Central China Securities Co., Ltd. |
| Jun Ge | Changjiang Securities Co. LTD. |
| Jian Jun Zou | Chasing Securities |