Puyang Huicheng Electronic Material Balance Sheet Health
Financial Health criteria checks 5/6
Puyang Huicheng Electronic Material has a total shareholder equity of CN¥2.4B and total debt of CN¥228.6M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥2.9B and CN¥429.1M respectively. Puyang Huicheng Electronic Material's EBIT is CN¥171.5M making its interest coverage ratio -5. It has cash and short-term investments of CN¥966.5M.
Key information
9.4%
Debt to equity ratio
CN¥228.59m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥966.45m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥429.08m |
| Total assets | CN¥2.86b |
Recent financial health updates
Puyang Huicheng Electronic Material (SZSE:300481) Seems To Use Debt Quite Sensibly
Dec 20
We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt
Jun 21Recent updates
Puyang Huicheng Electronic Material (SZSE:300481) Seems To Use Debt Quite Sensibly
Dec 20Puyang Huicheng Electronic Material Co., Ltd. (SZSE:300481) Doing What It Can To Lift Shares
Sep 30We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt
Jun 21Puyang Huicheng Electronic Material (SZSE:300481) Has Announced A Dividend Of CN¥0.40
May 21Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 10The Returns At Puyang Huicheng Electronic Material (SZSE:300481) Aren't Growing
Mar 28Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Mar 06Financial Position Analysis
Short Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥384.2M).
Long Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥44.8M).
Debt to Equity History and Analysis
Debt Level: 300481 has more cash than its total debt.
Reducing Debt: 300481's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: 300481's debt is well covered by operating cash flow (153.5%).
Interest Coverage: 300481 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 | 2024/12/23 14:09 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Puyang Huicheng Electronic Material Co., Ltd. is covered by 5 analysts. 2 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 Li | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |