Guangdong Kitech New Material Holding Co.,Ltd.

SZSE:300995 Stock Report

Market Cap: CN¥1.4b

Guangdong Kitech New Material HoldingLtd Balance Sheet Health

Financial Health criteria checks 4/6

Guangdong Kitech New Material HoldingLtd has a total shareholder equity of CN¥627.0M and total debt of CN¥76.7M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥808.6M and CN¥181.6M respectively. Guangdong Kitech New Material HoldingLtd's EBIT is CN¥8.0M making its interest coverage ratio -3. It has cash and short-term investments of CN¥75.6M.

Key information

12.2%

Debt to equity ratio

CN¥76.70m

Debt

Interest coverage ratio-3x
CashCN¥75.55m
EquityCN¥626.95m
Total liabilitiesCN¥181.62m
Total assetsCN¥808.57m

Recent financial health updates

No updates

Recent updates

Guangdong Kitech New Material HoldingLtd's (SZSE:300995) Solid Profits Have Weak Fundamentals

Nov 06
Guangdong Kitech New Material HoldingLtd's (SZSE:300995) Solid Profits Have Weak Fundamentals

The Returns On Capital At Guangdong Kitech New Material HoldingLtd (SZSE:300995) Don't Inspire Confidence

Sep 28
The Returns On Capital At Guangdong Kitech New Material HoldingLtd (SZSE:300995) Don't Inspire Confidence

Guangdong Kitech New Material HoldingLtd (SZSE:300995) Is Due To Pay A Dividend Of CN¥0.12

Jun 09
Guangdong Kitech New Material HoldingLtd (SZSE:300995) Is Due To Pay A Dividend Of CN¥0.12

Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 34% Price Boost Is Out Of Tune With Revenues

Apr 11
Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 34% Price Boost Is Out Of Tune With Revenues

Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Kitech New Material HoldingLtd (SZSE:300995)

Apr 04
Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Kitech New Material HoldingLtd (SZSE:300995)

Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 25% Share Price Plunge Could Signal Some Risk

Feb 26
Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 25% Share Price Plunge Could Signal Some Risk

Financial Position Analysis

Short Term Liabilities: 300995's short term assets (CN¥272.6M) exceed its short term liabilities (CN¥109.3M).

Long Term Liabilities: 300995's short term assets (CN¥272.6M) exceed its long term liabilities (CN¥72.3M).


Debt to Equity History and Analysis

Debt Level: 300995's net debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 300995's debt to equity ratio has increased from 2.8% to 12.2% over the past 5 years.

Debt Coverage: 300995's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300995 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 Analysis2024/12/24 01:42
End of Day Share Price 2024/12/24 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

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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

Guangdong Kitech New Material Holding 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.

AnalystInstitution
Wei LiuHaitong International Research Limited