Suzhou Yangtze New Materials Co., Ltd.

SZSE:002652 Stock Report

Market Cap: CN¥1.5b

Suzhou Yangtze New Materials Balance Sheet Health

Financial Health criteria checks 4/6

Suzhou Yangtze New Materials has a total shareholder equity of CN¥275.2M and total debt of CN¥179.1M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are CN¥486.9M and CN¥211.6M respectively.

Key information

65.1%

Debt to equity ratio

CN¥179.09m

Debt

Interest coverage ration/a
CashCN¥49.04m
EquityCN¥275.24m
Total liabilitiesCN¥211.61m
Total assetsCN¥486.86m

Recent financial health updates

No updates

Recent updates

Suzhou Yangtze New Materials Co., Ltd. (SZSE:002652) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Aug 14
Suzhou Yangtze New Materials Co., Ltd. (SZSE:002652) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares Climb 26% But Its Business Is Yet to Catch Up

Jun 27
Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares Climb 26% But Its Business Is Yet to Catch Up

Solid Earnings May Not Tell The Whole Story For Suzhou Yangtze New Materials (SZSE:002652)

Apr 30
Solid Earnings May Not Tell The Whole Story For Suzhou Yangtze New Materials (SZSE:002652)

More Unpleasant Surprises Could Be In Store For Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares After Tumbling 26%

Apr 23
More Unpleasant Surprises Could Be In Store For Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares After Tumbling 26%

Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Feb 28
Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Financial Position Analysis

Short Term Liabilities: 002652's short term assets (CN¥219.5M) exceed its short term liabilities (CN¥208.5M).

Long Term Liabilities: 002652's short term assets (CN¥219.5M) exceed its long term liabilities (CN¥3.1M).


Debt to Equity History and Analysis

Debt Level: 002652's net debt to equity ratio (47.2%) is considered high.

Reducing Debt: 002652's debt to equity ratio has reduced from 112.2% to 65.1% over the past 5 years.

Debt Coverage: 002652's debt is well covered by operating cash flow (37.7%).

Interest Coverage: Insufficient data to determine if 002652's interest payments on its debt are well covered by EBIT.


Balance Sheet


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