Suzhou Yangtze New Materials Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Yangtze New Materials has a total shareholder equity of CN¥271.5M and total debt of CN¥171.7M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are CN¥466.8M and CN¥195.4M respectively. Suzhou Yangtze New Materials's EBIT is CN¥15.4M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥22.4M.
Key information
63.2%
Debt to equity ratio
CN¥171.68m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥22.40m |
| Equity | CN¥271.46m |
| Total liabilities | CN¥195.38m |
| Total assets | CN¥466.84m |
Recent financial health updates
No updates
Recent updates
Suzhou Yangtze New Materials (SZSE:002652) Is Posting Solid Earnings, But It Is Not All Good News
Oct 30
Suzhou Yangtze New Materials Co., Ltd. (SZSE:002652) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Aug 14Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares Climb 26% But Its Business Is Yet to Catch Up
Jun 27Solid Earnings May Not Tell The Whole Story For Suzhou Yangtze New Materials (SZSE:002652)
Apr 30More Unpleasant Surprises Could Be In Store For Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares After Tumbling 26%
Apr 23Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Feb 28Financial Position Analysis
Short Term Liabilities: 002652's short term assets (CN¥205.1M) exceed its short term liabilities (CN¥192.4M).
Long Term Liabilities: 002652's short term assets (CN¥205.1M) exceed its long term liabilities (CN¥3.0M).
Debt to Equity History and Analysis
Debt Level: 002652's net debt to equity ratio (55%) is considered high.
Reducing Debt: 002652's debt to equity ratio has reduced from 115.9% to 63.2% over the past 5 years.
Debt Coverage: 002652's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 002652's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:36 |
| End of Day Share Price | 2024/12/25 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
Suzhou Yangtze New Materials Co., Ltd. is covered by 0 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 |
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