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.