Yongxing Special Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yongxing Special Materials TechnologyLtd has a total shareholder equity of CN¥12.7B and total debt of CN¥255.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥13.9B and CN¥1.2B respectively. Yongxing Special Materials TechnologyLtd's EBIT is CN¥1.2B making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥8.6B.
Key information
2.0%
Debt to equity ratio
CN¥255.04m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥8.58b |
| Equity | CN¥12.73b |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥13.92b |
Recent financial health updates
Does Yongxing Special Materials TechnologyLtd (SZSE:002756) Have A Healthy Balance Sheet?
Sep 18
Is Yongxing Special Materials TechnologyLtd (SZSE:002756) A Risky Investment?
May 25Recent updates
There's No Escaping Yongxing Special Materials Technology Co.,Ltd's (SZSE:002756) Muted Earnings Despite A 26% Share Price Rise
Nov 24Yongxing Special Materials TechnologyLtd's (SZSE:002756) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06Calculating The Intrinsic Value Of Yongxing Special Materials Technology Co.,Ltd (SZSE:002756)
Oct 24There's No Escaping Yongxing Special Materials Technology Co.,Ltd's (SZSE:002756) Muted Earnings Despite A 36% Share Price Rise
Oct 08Yongxing Special Materials TechnologyLtd (SZSE:002756) Will Pay A Smaller Dividend Than Last Year
Oct 01Does Yongxing Special Materials TechnologyLtd (SZSE:002756) Have A Healthy Balance Sheet?
Sep 18Need To Know: The Consensus Just Cut Its Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Estimates For 2024
Sep 03We Like These Underlying Return On Capital Trends At Yongxing Special Materials TechnologyLtd (SZSE:002756)
Aug 30Yongxing Special Materials Technology Co.,Ltd's (SZSE:002756) Earnings Are Not Doing Enough For Some Investors
Jul 14Is Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Worth CN¥37.0 Based On Its Intrinsic Value?
Jun 28Is Yongxing Special Materials TechnologyLtd (SZSE:002756) A Risky Investment?
May 25Yongxing Special Materials TechnologyLtd's (SZSE:002756) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Analysts Just Cut Their EPS Forecasts Substantially
May 02Yongxing Special Materials TechnologyLtd (SZSE:002756) Knows How To Allocate Capital Effectively
Apr 21Yongxing Special Materials Technology Co.,Ltd's (SZSE:002756) Earnings Are Not Doing Enough For Some Investors
Feb 29Financial Position Analysis
Short Term Liabilities: 002756's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002756's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥133.2M).
Debt to Equity History and Analysis
Debt Level: 002756 has more cash than its total debt.
Reducing Debt: 002756's debt to equity ratio has reduced from 7.5% to 2% over the past 5 years.
Debt Coverage: 002756's debt is well covered by operating cash flow (334.3%).
Interest Coverage: 002756 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 17:03 |
| 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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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
Yongxing Special Materials Technology Co.,Ltd is covered by 19 analysts. 7 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Liang Long | Chasing Securities |
| Hua Li | China Galaxy Securities Co., Ltd. |