Yangzhou Chenhua New Material Balance Sheet Health
Financial Health criteria checks 5/6
Yangzhou Chenhua New Material has a total shareholder equity of CN¥1.2B and total debt of CN¥62.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥1.5B and CN¥379.6M respectively. Yangzhou Chenhua New Material's EBIT is CN¥55.9M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥730.4M.
Key information
5.4%
Debt to equity ratio
CN¥62.03m
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥730.36m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥379.64m |
| Total assets | CN¥1.54b |
Recent financial health updates
No updates
Recent updates
Yangzhou Chenhua New Material's (SZSE:300610) Returns On Capital Not Reflecting Well On The Business
Sep 30
Returns On Capital Signal Tricky Times Ahead For Yangzhou Chenhua New Material (SZSE:300610)
Jun 07Investors Still Aren't Entirely Convinced By Yangzhou Chenhua New Material Co., Ltd.'s (SZSE:300610) Earnings Despite 26% Price Jump
Mar 08Investors Could Be Concerned With Yangzhou Chenhua New Material's (SZSE:300610) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 300610's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥321.0M).
Long Term Liabilities: 300610's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥58.7M).
Debt to Equity History and Analysis
Debt Level: 300610 has more cash than its total debt.
Reducing Debt: 300610's debt to equity ratio has increased from 0% to 5.4% over the past 5 years.
Debt Coverage: 300610's debt is well covered by operating cash flow (226.9%).
Interest Coverage: 300610 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 | 2024/12/22 06:07 |
| End of Day Share Price | 2024/12/20 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
Yangzhou Chenhua New Material Co., Ltd. is covered by 2 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Ting Zhou Zhuang | Huatai Research |