Guangdong Modern High-tech Fiber Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Modern High-tech Fiber has a total shareholder equity of CN¥919.6M and total debt of CN¥707.9M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are CN¥1.7B and CN¥783.8M respectively.
Key information
77.0%
Debt to equity ratio
CN¥707.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥126.42m |
| Equity | CN¥919.61m |
| Total liabilities | CN¥783.83m |
| Total assets | CN¥1.70b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Guangdong Modern High-tech Fiber Co., Ltd's (SZSE:300876) Prospects As Shares Rocket 34%
Oct 28
Risks Still Elevated At These Prices As Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) Shares Dive 26%
Jun 17Guangdong Modern High-tech Fiber (SZSE:300876) Has Affirmed Its Dividend Of CN¥0.20
Apr 29Need To Know: This Analyst Just Made A Substantial Cut To Their Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) Estimates
Apr 16Earnings Tell The Story For Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) As Its Stock Soars 41%
Mar 08Financial Position Analysis
Short Term Liabilities: 300876's short term assets (CN¥476.4M) exceed its short term liabilities (CN¥451.1M).
Long Term Liabilities: 300876's short term assets (CN¥476.4M) exceed its long term liabilities (CN¥332.7M).
Debt to Equity History and Analysis
Debt Level: 300876's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 300876's debt to equity ratio has increased from 16.7% to 77% over the past 5 years.
Debt Coverage: 300876's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300876's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 09:11 |
| End of Day Share Price | 2025/01/03 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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Industry and Sector Metrics
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Analyst Sources
Guangdong Modern High-tech Fiber Co., Ltd is covered by 1 analysts. 0 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 |
|---|---|
| Junjun Zhu | Haitong International Research Limited |