Shandong Ruifeng Chemical Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Ruifeng Chemical has a total shareholder equity of CN¥1.2B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are CN¥2.3B and CN¥1.2B respectively. Shandong Ruifeng Chemical's EBIT is CN¥78.0M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥317.1M.
Key information
86.8%
Debt to equity ratio
CN¥1.00b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥317.10m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Shandong Ruifeng Chemical Co., Ltd.'s (SZSE:300243) Shares After Tumbling 27%
Dec 25
We Think That There Are More Issues For Shandong Ruifeng Chemical (SZSE:300243) Than Just Sluggish Earnings
Nov 01Optimistic Investors Push Shandong Ruifeng Chemical Co., Ltd. (SZSE:300243) Shares Up 41% But Growth Is Lacking
Oct 08Shandong Ruifeng Chemical (SZSE:300243) Will Be Hoping To Turn Its Returns On Capital Around
Sep 30Shandong Ruifeng Chemical Co., Ltd.'s (SZSE:300243) 34% Share Price Plunge Could Signal Some Risk
Jun 07Shandong Ruifeng Chemical (SZSE:300243) May Have Issues Allocating Its Capital
May 24We Think That There Are Some Issues For Shandong Ruifeng Chemical (SZSE:300243) Beyond Its Promising Earnings
Apr 26Optimistic Investors Push Shandong Ruifeng Chemical Co., Ltd. (SZSE:300243) Shares Up 48% But Growth Is Lacking
Apr 23Shandong Ruifeng Chemical Co., Ltd.'s (SZSE:300243) Shares Bounce 27% But Its Business Still Trails The Market
Mar 09Financial Position Analysis
Short Term Liabilities: 300243's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥713.1M).
Long Term Liabilities: 300243's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥479.9M).
Debt to Equity History and Analysis
Debt Level: 300243's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 300243's debt to equity ratio has increased from 29.3% to 86.8% over the past 5 years.
Debt Coverage: 300243's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300243'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 | 2025/01/23 00:33 |
| End of Day Share Price | 2025/01/23 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 Ruifeng Chemical 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 |
|---|---|
| Jin Ju Sun | Guotai Junan Securities |
| Ying Wu | Ping An Securities Co. Ltd. |
| Xin Peng | Tianfeng Securities Brokerage Co., Ltd |