Nanjing COSMOS Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing COSMOS Chemical has a total shareholder equity of CN¥2.8B and total debt of CN¥649.1M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥4.0B and CN¥1.2B respectively. Nanjing COSMOS Chemical's EBIT is CN¥783.7M making its interest coverage ratio 269.9. It has cash and short-term investments of CN¥1.2B.
Key information
23.0%
Debt to equity ratio
CN¥649.12m
Debt
| Interest coverage ratio | 269.9x |
| Cash | CN¥1.17b |
| Equity | CN¥2.82b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥4.01b |
Recent financial health updates
These 4 Measures Indicate That Nanjing COSMOS Chemical (SZSE:300856) Is Using Debt Reasonably Well
Sep 15
Does Nanjing COSMOS Chemical (SZSE:300856) Have A Healthy Balance Sheet?
Jun 12Recent updates
Here's Why We Think Nanjing COSMOS Chemical (SZSE:300856) Might Deserve Your Attention Today
Nov 18A Piece Of The Puzzle Missing From Nanjing COSMOS Chemical Co., Ltd.'s (SZSE:300856) 44% Share Price Climb
Oct 08Nanjing COSMOS Chemical (SZSE:300856) Is Reinvesting To Multiply In Value
Oct 06These 4 Measures Indicate That Nanjing COSMOS Chemical (SZSE:300856) Is Using Debt Reasonably Well
Sep 15Nanjing COSMOS Chemical (SZSE:300856) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 24Capital Investments At Nanjing COSMOS Chemical (SZSE:300856) Point To A Promising Future
Jul 01Does Nanjing COSMOS Chemical (SZSE:300856) Have A Healthy Balance Sheet?
Jun 12Cautious Investors Not Rewarding Nanjing COSMOS Chemical Co., Ltd.'s (SZSE:300856) Performance Completely
Apr 21Nanjing COSMOS Chemical (SZSE:300856) Might Become A Compounding Machine
Mar 01Financial Position Analysis
Short Term Liabilities: 300856's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥396.5M).
Long Term Liabilities: 300856's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥795.0M).
Debt to Equity History and Analysis
Debt Level: 300856 has more cash than its total debt.
Reducing Debt: 300856's debt to equity ratio has reduced from 47.5% to 23% over the past 5 years.
Debt Coverage: 300856's debt is well covered by operating cash flow (146.8%).
Interest Coverage: 300856's interest payments on its debt are well covered by EBIT (269.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 12:40 |
| End of Day Share Price | 2025/01/07 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 COSMOS Chemical Co., Ltd. is covered by 13 analysts. 7 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |
| Yifan Du | Citic Securities Co., Ltd. |