Xinxiang Richful Lube Additive Co.,Ltd.

SZSE:300910 Stock Report

Market Cap: CN¥12.5b

Xinxiang Richful Lube AdditiveLtd Balance Sheet Health

Financial Health criteria checks 5/6

Xinxiang Richful Lube AdditiveLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥305.9M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥4.0B and CN¥849.7M respectively. Xinxiang Richful Lube AdditiveLtd's EBIT is CN¥721.2M making its interest coverage ratio -46.3. It has cash and short-term investments of CN¥1.2B.

Key information

9.7%

Debt to equity ratio

CN¥305.88m

Debt

Interest coverage ratio-46.3x
CashCN¥1.22b
EquityCN¥3.16b
Total liabilitiesCN¥849.71m
Total assetsCN¥4.01b

Recent financial health updates

Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Seems To Use Debt Quite Sensibly

Dec 11
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Seems To Use Debt Quite Sensibly

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

Recent updates

Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Seems To Use Debt Quite Sensibly

Dec 11
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Seems To Use Debt Quite Sensibly

There Is A Reason Xinxiang Richful Lube Additive Co.,Ltd.'s (SZSE:300910) Price Is Undemanding

Nov 14
There Is A Reason Xinxiang Richful Lube Additive Co.,Ltd.'s (SZSE:300910) Price Is Undemanding

Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Knows How To Allocate Capital Effectively

Sep 24
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Knows How To Allocate Capital Effectively

Why Investors Shouldn't Be Surprised By Xinxiang Richful Lube Additive Co.,Ltd.'s (SZSE:300910) Low P/E

Jul 30
Why Investors Shouldn't Be Surprised By Xinxiang Richful Lube Additive Co.,Ltd.'s (SZSE:300910) Low P/E

Is Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Worth CN¥41.8 Based On Its Intrinsic Value?

Jul 13
Is Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Worth CN¥41.8 Based On Its Intrinsic Value?

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¥2.4B) exceed its short term liabilities (CN¥686.7M).

Long Term Liabilities: 300910's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥163.0M).

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 increased from 0.9% to 9.7% over the past 5 years.

Debt Coverage: 300910's debt is well covered by operating cash flow (157.4%).

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

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Xinxiang Richful Lube Additive Co.,Ltd. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zheng ZhouChina Merchants Securities Co. Ltd.
Nick ZhengGoldman Sachs
Wei LiuHaitong International Research Limited