Anshan Hifichem Balance Sheet Health
Financial Health criteria checks 4/6
Anshan Hifichem has a total shareholder equity of CN¥1.9B and total debt of CN¥797.7M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥3.6B and CN¥1.7B respectively. Anshan Hifichem's EBIT is CN¥194.9M making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥234.7M.
Key information
42.6%
Debt to equity ratio
CN¥797.68m
Debt
| Interest coverage ratio | 7.8x |
| Cash | CN¥234.70m |
| Equity | CN¥1.87b |
| Total liabilities | CN¥1.72b |
| Total assets | CN¥3.59b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Anshan Hifichem Co., Ltd. (SZSE:300758)?
Nov 18
Anshan Hifichem (SZSE:300758) Might Be Having Difficulty Using Its Capital Effectively
Oct 20Why Investors Shouldn't Be Surprised By Anshan Hifichem Co., Ltd.'s (SZSE:300758) 27% Share Price Surge
Oct 01Anshan Hifichem (SZSE:300758) Has A Somewhat Strained Balance Sheet
Jul 26There's Reason For Concern Over Anshan Hifichem Co., Ltd.'s (SZSE:300758) Massive 30% Price Jump
May 27Anshan Hifichem (SZSE:300758) Could Be Struggling To Allocate Capital
May 06With Anshan Hifichem Co., Ltd. (SZSE:300758) It Looks Like You'll Get What You Pay For
Feb 28Financial Position Analysis
Short Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥801.7M).
Long Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥918.5M).
Debt to Equity History and Analysis
Debt Level: 300758's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 300758's debt to equity ratio has increased from 5.1% to 42.6% over the past 5 years.
Debt Coverage: 300758's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 300758's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:30 |
| End of Day Share Price | 2024/12/23 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
Anshan Hifichem Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |