Shandong Yanggu Huatai Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Yanggu Huatai Chemical has a total shareholder equity of CN¥3.3B and total debt of CN¥709.9M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are CN¥4.5B and CN¥1.2B respectively. Shandong Yanggu Huatai Chemical's EBIT is CN¥324.3M making its interest coverage ratio 38.5. It has cash and short-term investments of CN¥825.6M.
Key information
21.8%
Debt to equity ratio
CN¥709.88m
Debt
| Interest coverage ratio | 38.5x |
| Cash | CN¥825.55m |
| Equity | CN¥3.25b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.49b |
Financial Position Analysis
Short Term Liabilities: 300121's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥673.0M).
Long Term Liabilities: 300121's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥564.6M).
Debt to Equity History and Analysis
Debt Level: 300121 has more cash than its total debt.
Reducing Debt: 300121's debt to equity ratio has increased from 4.3% to 21.8% over the past 5 years.
Debt Coverage: 300121's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 300121's interest payments on its debt are well covered by EBIT (38.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:14 |
| End of Day Share Price | 2024/12/23 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shandong Yanggu Huatai Chemical Co., Ltd. is covered by 11 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 |
|---|---|
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Lei Cheng | Everbright Securities Co. Ltd. |
| Guoxian Ju | First Capital Securities Co. LTD. |