Shenzhen Cotran New MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Cotran New MaterialLtd has a total shareholder equity of CN¥656.0M and total debt of CN¥125.2M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥1.0B and CN¥360.4M respectively. Shenzhen Cotran New MaterialLtd's EBIT is CN¥10.1M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥190.2M.
Key information
19.1%
Debt to equity ratio
CN¥125.21m
Debt
Interest coverage ratio | -0.6x |
Cash | CN¥190.18m |
Equity | CN¥655.97m |
Total liabilities | CN¥360.37m |
Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Shenzhen Cotran New Material Co.,Ltd. (SZSE:300731) With Shares Advancing 26%
May 24Shenzhen Cotran New MaterialLtd's (SZSE:300731) Performance Is Even Better Than Its Earnings Suggest
May 06What You Can Learn From Shenzhen Cotran New Material Co.,Ltd.'s (SZSE:300731) P/S
Mar 01Financial Position Analysis
Short Term Liabilities: 300731's short term assets (CN¥542.1M) exceed its short term liabilities (CN¥266.8M).
Long Term Liabilities: 300731's short term assets (CN¥542.1M) exceed its long term liabilities (CN¥93.5M).
Debt to Equity History and Analysis
Debt Level: 300731 has more cash than its total debt.
Reducing Debt: 300731's debt to equity ratio has increased from 8% to 19.1% over the past 5 years.
Debt Coverage: 300731's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 300731 earns more interest than it pays, so coverage of interest payments is not a concern.