Western Metal Materials Co., Ltd.

SZSE:002149 Stock Report

Market Cap: CN¥8.8b

Western Metal Materials Balance Sheet Health

Financial Health criteria checks 5/6

Western Metal Materials has a total shareholder equity of CN¥3.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are CN¥6.8B and CN¥3.3B respectively. Western Metal Materials's EBIT is CN¥174.0M making its interest coverage ratio 8.5. It has cash and short-term investments of CN¥544.4M.

Key information

45.7%

Debt to equity ratio

CN¥1.61b

Debt

Interest coverage ratio8.5x
CashCN¥544.41m
EquityCN¥3.51b
Total liabilitiesCN¥3.32b
Total assetsCN¥6.84b

Recent financial health updates

We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Aug 13
We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Apr 24
Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Recent updates

Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 06
Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Western Metal Materials (SZSE:002149) Has More To Do To Multiply In Value Going Forward

Sep 30
Western Metal Materials (SZSE:002149) Has More To Do To Multiply In Value Going Forward

We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Aug 13
We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Not Many Are Piling Into Western Metal Materials Co., Ltd. (SZSE:002149) Just Yet

Jul 23
Not Many Are Piling Into Western Metal Materials Co., Ltd. (SZSE:002149) Just Yet

Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Jun 19
Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Slowing Rates Of Return At Western Metal Materials (SZSE:002149) Leave Little Room For Excitement

Jun 18
Slowing Rates Of Return At Western Metal Materials (SZSE:002149) Leave Little Room For Excitement

Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations

May 06
Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations

Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Apr 24
Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Further Upside For Western Metal Materials Co., Ltd. (SZSE:002149) Shares Could Introduce Price Risks After 27% Bounce

Mar 06
Further Upside For Western Metal Materials Co., Ltd. (SZSE:002149) Shares Could Introduce Price Risks After 27% Bounce

Returns At Western Metal Materials (SZSE:002149) Are On The Way Up

Feb 28
Returns At Western Metal Materials (SZSE:002149) Are On The Way Up

Financial Position Analysis

Short Term Liabilities: 002149's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.0B).

Long Term Liabilities: 002149's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥326.0M).

Debt to Equity History and Analysis

Debt Level: 002149's net debt to equity ratio (30.2%) is considered satisfactory.

Reducing Debt: 002149's debt to equity ratio has reduced from 53.9% to 45.7% over the past 5 years.

Debt Coverage: 002149's debt is not well covered by operating cash flow (19.5%).

Interest Coverage: 002149's interest payments on its debt are well covered by EBIT (8.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:29
End of Day Share Price 2024/12/20 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

Western Metal Materials Co., Ltd. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhipeng ZhangAJ Securities Co., Ltd
Hongyu CaiChina International Capital Corporation Limited
Ning LiChina Stock Investment Research Co. Ltd. (GZ500..com)