Xinxiang Richful Lube Additive Co.,Ltd.

SZSE:300910 Stock Report

Market Cap: CN¥13.3b

Xinxiang Richful Lube AdditiveLtd Balance Sheet Health

Financial Health criteria checks 6/6

Xinxiang Richful Lube AdditiveLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥104.9M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥3.6B and CN¥546.9M respectively. Xinxiang Richful Lube AdditiveLtd's EBIT is CN¥691.4M making its interest coverage ratio -25.3. It has cash and short-term investments of CN¥1.3B.

Key information

3.4%

Debt to equity ratio

CN¥104.87m

Debt

Interest coverage ratio-25.3x
CashCN¥1.30b
EquityCN¥3.09b
Total liabilitiesCN¥546.91m
Total assetsCN¥3.64b

Recent financial health updates

Recent updates

Why The 22% Return On Capital At Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Should Have Your Attention

Jun 19
Why The 22% Return On Capital At Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Should Have Your Attention

Insufficient Growth At Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Hampers Share Price

Apr 24
Insufficient Growth At Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Hampers Share Price

Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Strong Profits May Be Masking Some Underlying Issues

Apr 02
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Strong Profits May Be Masking Some Underlying Issues

Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Analysts Are Reducing Their Forecasts For This Year

Mar 29
Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Analysts Are Reducing Their Forecasts For This Year

Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Has A Rock Solid Balance Sheet

Mar 21
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Has A Rock Solid Balance Sheet

Financial Position Analysis

Short Term Liabilities: 300910's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥439.0M).

Long Term Liabilities: 300910's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥107.9M).


Debt to Equity History and Analysis

Debt Level: 300910 has more cash than its total debt.

Reducing Debt: 300910's debt to equity ratio has reduced from 3.7% to 3.4% over the past 5 years.

Debt Coverage: 300910's debt is well covered by operating cash flow (599.3%).

Interest Coverage: 300910 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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