Anhui Shenjian New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Shenjian New MaterialsLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are CN¥4.6B and CN¥2.3B respectively. Anhui Shenjian New MaterialsLtd's EBIT is CN¥24.0M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥534.4M.
Key information
66.2%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥534.42m |
| Equity | CN¥2.27b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥4.58b |
Recent financial health updates
No updates
Recent updates
Anhui Shenjian New MaterialsLtd's (SZSE:002361) Earnings Might Not Be As Promising As They Seem
Nov 04
Anhui Shenjian New MaterialsLtd (SZSE:002361) Is Reinvesting At Lower Rates Of Return
Oct 04Anhui Shenjian New MaterialsLtd's (SZSE:002361) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 03Little Excitement Around Anhui Shenjian New Materials Co.,Ltd's (SZSE:002361) Revenues
Feb 27Financial Position Analysis
Short Term Liabilities: 002361's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002361's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥236.7M).
Debt to Equity History and Analysis
Debt Level: 002361's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 002361's debt to equity ratio has increased from 55% to 66.2% over the past 5 years.
Debt Coverage: 002361's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 002361's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 19:34 |
| End of Day Share Price | 2024/12/20 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 |
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| 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
Anhui Shenjian New Materials Co.,Ltd is covered by 4 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 |
|---|---|
| Chao Wang | China Merchants Securities Co. Ltd. |
| Kubie Zhou | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Jianwen Chen | Ping An Securities Co. Ltd. |