Hangzhou Yitong New Material Balance Sheet Health
Financial Health criteria checks 4/6
Hangzhou Yitong New Material has a total shareholder equity of CN¥870.4M and total debt of CN¥160.0M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥1.2B and CN¥291.3M respectively. Hangzhou Yitong New Material's EBIT is CN¥53.0M making its interest coverage ratio -71.4. It has cash and short-term investments of CN¥31.7M.
Key information
18.4%
Debt to equity ratio
CN¥160.00m
Debt
| Interest coverage ratio | -71.4x |
| Cash | CN¥31.67m |
| Equity | CN¥870.37m |
| Total liabilities | CN¥291.33m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Hangzhou Yitong New Material (SZSE:300930)
Oct 31
Hangzhou Yitong New Material Co., LTD's (SZSE:300930) 43% Share Price Surge Not Quite Adding Up
Oct 08Capital Allocation Trends At Hangzhou Yitong New Material (SZSE:300930) Aren't Ideal
Sep 27Hangzhou Yitong New Material Co., LTD's (SZSE:300930) Share Price Could Signal Some Risk
Jun 20Hangzhou Yitong New Material (SZSE:300930) Has Announced A Dividend Of CN¥0.10
May 24Hangzhou Yitong New Material's (SZSE:300930) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 29Hangzhou Yitong New Material Co., LTD's (SZSE:300930) Low P/E No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 300930's short term assets (CN¥338.0M) exceed its short term liabilities (CN¥214.7M).
Long Term Liabilities: 300930's short term assets (CN¥338.0M) exceed its long term liabilities (CN¥76.7M).
Debt to Equity History and Analysis
Debt Level: 300930's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 300930's debt to equity ratio has increased from 15.9% to 18.4% over the past 5 years.
Debt Coverage: 300930's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300930 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:35 |
| 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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Industry and Sector Metrics
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Analyst Sources
Hangzhou Yitong New Material 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 |
|---|---|
| Cheng Yang | Tianfeng Securities Brokerage Co., Ltd |