Hangzhou Yitong New Material Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Yitong New Material has a total shareholder equity of CN¥850.5M and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.0B and CN¥174.4M respectively. Hangzhou Yitong New Material's EBIT is CN¥49.5M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥88.2M.
Key information
5.9%
Debt to equity ratio
CN¥50.00m
Debt
Interest coverage ratio | -12.6x |
Cash | CN¥88.25m |
Equity | CN¥850.54m |
Total liabilities | CN¥174.42m |
Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Hangzhou 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¥319.4M) exceed its short term liabilities (CN¥137.1M).
Long Term Liabilities: 300930's short term assets (CN¥319.4M) exceed its long term liabilities (CN¥37.3M).
Debt to Equity History and Analysis
Debt Level: 300930 has more cash than its total debt.
Reducing Debt: 300930's debt to equity ratio has reduced from 19.6% to 5.9% 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.