Nanjing Hanrui CobaltLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Hanrui CobaltLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are CN¥8.8B and CN¥3.4B respectively. Nanjing Hanrui CobaltLtd's EBIT is CN¥355.8M making its interest coverage ratio 104.3. It has cash and short-term investments of CN¥2.1B.
Key information
28.1%
Debt to equity ratio
CN¥1.53b
Debt
| Interest coverage ratio | 104.3x |
| Cash | CN¥2.11b |
| Equity | CN¥5.43b |
| Total liabilities | CN¥3.42b |
| Total assets | CN¥8.84b |
Recent financial health updates
These 4 Measures Indicate That Nanjing Hanrui CobaltLtd (SZSE:300618) Is Using Debt Reasonably Well
Oct 22
Does Nanjing Hanrui CobaltLtd (SZSE:300618) Have A Healthy Balance Sheet?
Jul 23Recent updates
Returns Are Gaining Momentum At Nanjing Hanrui CobaltLtd (SZSE:300618)
Dec 14Statutory Profit Doesn't Reflect How Good Nanjing Hanrui CobaltLtd's (SZSE:300618) Earnings Are
Nov 01These 4 Measures Indicate That Nanjing Hanrui CobaltLtd (SZSE:300618) Is Using Debt Reasonably Well
Oct 22Nanjing Hanrui Cobalt Co.,Ltd.'s (SZSE:300618) 47% Jump Shows Its Popularity With Investors
Oct 01Nanjing Hanrui CobaltLtd (SZSE:300618) Will Be Hoping To Turn Its Returns On Capital Around
Aug 28Does Nanjing Hanrui CobaltLtd (SZSE:300618) Have A Healthy Balance Sheet?
Jul 23Nanjing Hanrui CobaltLtd's (SZSE:300618) Dividend Will Be Reduced To CN¥0.10
Jun 09The Strong Earnings Posted By Nanjing Hanrui CobaltLtd (SZSE:300618) Are A Good Indication Of The Strength Of The Business
May 01Investors Appear Satisfied With Nanjing Hanrui Cobalt Co.,Ltd.'s (SZSE:300618) Prospects As Shares Rocket 41%
Apr 04Investors Could Be Concerned With Nanjing Hanrui CobaltLtd's (SZSE:300618) Returns On Capital
Mar 15Financial Position Analysis
Short Term Liabilities: 300618's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300618's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥353.2M).
Debt to Equity History and Analysis
Debt Level: 300618 has more cash than its total debt.
Reducing Debt: 300618's debt to equity ratio has reduced from 50.2% to 28.1% over the past 5 years.
Debt Coverage: 300618's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300618's interest payments on its debt are well covered by EBIT (104.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:13 |
| End of Day Share Price | 2025/01/02 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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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
Nanjing Hanrui Cobalt Co.,Ltd. is covered by 8 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Peng Zhang | Chasing Securities |
| Junfei Bai | Citic Securities Co., Ltd. |