Zhejiang Yangfan New Materials Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Yangfan New Materials has a total shareholder equity of CN¥678.8M and total debt of CN¥524.3M, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are CN¥1.3B and CN¥657.6M respectively.
Key information
77.2%
Debt to equity ratio
CN¥524.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥105.52m |
| Equity | CN¥678.77m |
| Total liabilities | CN¥657.56m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Zhejiang Yangfan New Materials Co., Ltd.'s (SZSE:300637) Massive 31% Price Jump
Sep 30
Some Zhejiang Yangfan New Materials Co., Ltd. (SZSE:300637) Shareholders Look For Exit As Shares Take 27% Pounding
Jul 14Subdued Growth No Barrier To Zhejiang Yangfan New Materials Co., Ltd. (SZSE:300637) With Shares Advancing 43%
May 28Zhejiang Yangfan New Materials Co., Ltd.'s (SZSE:300637) Share Price Could Signal Some Risk
Feb 27Financial Position Analysis
Short Term Liabilities: 300637's short term assets (CN¥442.7M) do not cover its short term liabilities (CN¥572.6M).
Long Term Liabilities: 300637's short term assets (CN¥442.7M) exceed its long term liabilities (CN¥85.0M).
Debt to Equity History and Analysis
Debt Level: 300637's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 300637's debt to equity ratio has increased from 11.8% to 77.2% over the past 5 years.
Debt Coverage: 300637's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300637's interest payments on its debt are well covered by EBIT.