Shandong Polymer Biochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Polymer Biochemicals has a total shareholder equity of CN¥894.1M and total debt of CN¥23.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CN¥994.0M and CN¥99.9M respectively. Shandong Polymer Biochemicals's EBIT is CN¥882.5K making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥360.8M.
Key information
2.6%
Debt to equity ratio
CN¥23.25m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥360.84m |
| Equity | CN¥894.11m |
| Total liabilities | CN¥99.93m |
| Total assets | CN¥994.04m |
Recent financial health updates
No updates
Recent updates
Shandong Polymer Biochemicals' (SZSE:002476) Solid Earnings May Rest On Weak Foundations
Nov 06
Some Confidence Is Lacking In Shandong Polymer Biochemicals Co., Ltd.'s (SZSE:002476) P/S
Oct 01Shandong Polymer Biochemicals' (SZSE:002476) Profits Appear To Have Quality Issues
May 05Shandong Polymer Biochemicals Co., Ltd.'s (SZSE:002476) Shareholders Might Be Looking For Exit
Mar 06Financial Position Analysis
Short Term Liabilities: 002476's short term assets (CN¥757.4M) exceed its short term liabilities (CN¥98.8M).
Long Term Liabilities: 002476's short term assets (CN¥757.4M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 002476 has more cash than its total debt.
Reducing Debt: 002476's debt to equity ratio has reduced from 11.3% to 2.6% over the past 5 years.
Debt Coverage: 002476's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002476 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 | 2024/12/24 02:41 |
| End of Day Share Price | 2024/12/24 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
Shandong Polymer Biochemicals Co., Ltd. is covered by 8 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 |
|---|---|
| Qiushi Qi | China Minzu Securities |
| Lili Huang | Citic Securities Co., Ltd. |
| Guoxian Ju | First Capital Securities Co. LTD. |