Guangdong Redwall New Materials Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Redwall New Materials has a total shareholder equity of CN¥1.7B and total debt of CN¥615.6M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are CN¥2.6B and CN¥914.1M respectively. Guangdong Redwall New Materials's EBIT is CN¥60.5M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥628.3M.
Key information
37.1%
Debt to equity ratio
CN¥615.58m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥628.33m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥914.15m |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
Guangdong Redwall New Materials Co., Ltd.'s (SZSE:002809) Business And Shares Still Trailing The Market
Dec 23
Guangdong Redwall New Materials (SZSE:002809) Could Be Struggling To Allocate Capital
Jul 31Guangdong Redwall New Materials Co., Ltd. (SZSE:002809) Held Back By Insufficient Growth Even After Shares Climb 25%
Mar 19Financial Position Analysis
Short Term Liabilities: 002809's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥296.4M).
Long Term Liabilities: 002809's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥617.8M).
Debt to Equity History and Analysis
Debt Level: 002809 has more cash than its total debt.
Reducing Debt: 002809's debt to equity ratio has increased from 10.8% to 37.1% over the past 5 years.
Debt Coverage: 002809's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 002809 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 | 2024/12/26 02:01 |
| End of Day Share Price | 2024/12/26 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.
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Industry and Sector Metrics
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Analyst Sources
Guangdong Redwall New Materials Co., Ltd. is covered by 3 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 Fan | Changjiang Securities Co. LTD. |
| Qi Zhou | Haitong International Research Limited |
| Hui Li | Tianfeng Securities Brokerage Co., Ltd |