Shandong Rike ChemicalLTD Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Rike ChemicalLTD has a total shareholder equity of CN¥2.6B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are CN¥5.0B and CN¥2.4B respectively.
Key information
46.3%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥290.73m |
| Equity | CN¥2.58b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Revenues Working Against Shandong Rike Chemical Co.,LTD.'s (SZSE:300214) Share Price
Dec 24
Shandong Rike ChemicalLTD (SZSE:300214) Might Be Having Difficulty Using Its Capital Effectively
Aug 28Subdued Growth No Barrier To Shandong Rike Chemical Co.,LTD.'s (SZSE:300214) Price
Jun 03Earnings Troubles May Signal Larger Issues for Shandong Rike ChemicalLTD (SZSE:300214) Shareholders
May 03Shandong Rike ChemicalLTD (SZSE:300214) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Financial Position Analysis
Short Term Liabilities: 300214's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300214's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥664.2M).
Debt to Equity History and Analysis
Debt Level: 300214's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 300214's debt to equity ratio has increased from 4.4% to 46.3% over the past 5 years.
Debt Coverage: 300214's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: Insufficient data to determine if 300214's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:33 |
| 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.
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 Rike Chemical Co.,LTD. is covered by 6 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 |
|---|---|
| Xiang Zhang | Changjiang Securities Co. LTD. |
| Sophia Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Li Hui | Citic Securities Co., Ltd. |