Malion New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Malion New Materials has a total shareholder equity of CN¥2.3B and total debt of CN¥680.6M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥3.5B and CN¥1.2B respectively. Malion New Materials's EBIT is CN¥81.6M making its interest coverage ratio 11.6. It has cash and short-term investments of CN¥294.2M.
Key information
29.1%
Debt to equity ratio
CN¥680.65m
Debt
| Interest coverage ratio | 11.6x |
| Cash | CN¥294.20m |
| Equity | CN¥2.34b |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥3.51b |
Recent financial health updates
Recent updates
Malion New Materials Co., Ltd.'s (SZSE:300586) 29% Share Price Surge Not Quite Adding Up
Dec 02
Here's Why Malion New Materials (SZSE:300586) Has A Meaningful Debt Burden
Nov 24Some May Be Optimistic About Malion New Materials' (SZSE:300586) Earnings
Nov 06Malion New Materials Co., Ltd.'s (SZSE:300586) Shares Climb 42% But Its Business Is Yet to Catch Up
Oct 08Malion New Materials (SZSE:300586) Is Reinvesting At Lower Rates Of Return
Sep 30Investor Optimism Abounds Malion New Materials Co., Ltd. (SZSE:300586) But Growth Is Lacking
Jun 26Malion New Materials (SZSE:300586) Hasn't Managed To Accelerate Its Returns
Jun 03Malion New Materials' (SZSE:300586) Soft Earnings Are Actually Better Than They Appear
May 05Malion New Materials Co., Ltd. (SZSE:300586) Held Back By Insufficient Growth Even After Shares Climb 31%
Mar 07Financial Position Analysis
Short Term Liabilities: 300586's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥586.7M).
Long Term Liabilities: 300586's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥585.2M).
Debt to Equity History and Analysis
Debt Level: 300586's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 300586's debt to equity ratio has reduced from 60.1% to 29.1% over the past 5 years.
Debt Coverage: 300586's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 300586's interest payments on its debt are well covered by EBIT (11.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:29 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Malion New Materials Co., Ltd. is covered by 2 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 |
|---|---|
| Aaron Xiao | Credit Suisse |
| Nai Di Zhao | Everbright Securities Co. Ltd. |