Weihai Guangwei Composites Balance Sheet Health
Financial Health criteria checks 5/6
Weihai Guangwei Composites has a total shareholder equity of CN¥5.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥7.8B and CN¥2.2B respectively. Weihai Guangwei Composites's EBIT is CN¥816.7M making its interest coverage ratio 63.8. It has cash and short-term investments of CN¥694.4M.
Key information
20.2%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | 63.8x |
| Cash | CN¥694.35m |
| Equity | CN¥5.55b |
| Total liabilities | CN¥2.21b |
| Total assets | CN¥7.75b |
Recent financial health updates
These 4 Measures Indicate That Weihai Guangwei Composites (SZSE:300699) Is Using Debt Reasonably Well
Jan 13
Is Weihai Guangwei Composites (SZSE:300699) Using Too Much Debt?
Oct 03These 4 Measures Indicate That Weihai Guangwei Composites (SZSE:300699) Is Using Debt Reasonably Well
Jun 08Recent updates
Weihai Guangwei Composites' (SZSE:300699) Returns Have Hit A Wall
Jan 28These 4 Measures Indicate That Weihai Guangwei Composites (SZSE:300699) Is Using Debt Reasonably Well
Jan 13Here's Why We Think Weihai Guangwei Composites (SZSE:300699) Might Deserve Your Attention Today
Dec 13Weihai Guangwei Composites (SZSE:300699) Is Reinvesting At Lower Rates Of Return
Oct 27There's Reason For Concern Over Weihai Guangwei Composites Co., Ltd.'s (SZSE:300699) Massive 37% Price Jump
Oct 08Is Weihai Guangwei Composites (SZSE:300699) Using Too Much Debt?
Oct 03Weihai Guangwei Composites Co., Ltd. Just Missed EPS By 9.5%: Here's What Analysts Think Will Happen Next
Aug 28Subdued Growth No Barrier To Weihai Guangwei Composites Co., Ltd.'s (SZSE:300699) Price
Jul 14Returns On Capital At Weihai Guangwei Composites (SZSE:300699) Have Stalled
Jun 26These 4 Measures Indicate That Weihai Guangwei Composites (SZSE:300699) Is Using Debt Reasonably Well
Jun 08Weihai Guangwei Composites' (SZSE:300699) Anemic Earnings Might Be Worse Than You Think
Apr 15Weihai Guangwei Composites Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 10Estimating The Fair Value Of Weihai Guangwei Composites Co., Ltd. (SZSE:300699)
Apr 05Returns On Capital Are Showing Encouraging Signs At Weihai Guangwei Composites (SZSE:300699)
Mar 18Financial Position Analysis
Short Term Liabilities: 300699's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300699's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300699's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 300699's debt to equity ratio has increased from 0% to 20.2% over the past 5 years.
Debt Coverage: 300699's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 300699's interest payments on its debt are well covered by EBIT (63.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 14:07 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Weihai Guangwei Composites Co., Ltd. is covered by 12 analysts. 9 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Yan Chen | China International Capital Corporation Limited |
| Chenshuo Fu | Citic Securities Co., Ltd. |