China Resources Chemical Innovative Materials Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Chemical Innovative Materials has a total shareholder equity of CN¥6.9B and total debt of CN¥198.1M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥10.0B and CN¥3.1B respectively.
Key information
2.9%
Debt to equity ratio
CN¥198.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.23b |
| Equity | CN¥6.94b |
| Total liabilities | CN¥3.11b |
| Total assets | CN¥10.05b |
Recent financial health updates
Recent updates
China Resources Chemical Innovative Materials Co., Ltd. (SZSE:301090) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Sep 27
There Are Reasons To Feel Uneasy About China Resources Chemical Innovative Materials' (SZSE:301090) Returns On Capital
Jul 16Is China Resources Chemical Innovative Materials (SZSE:301090) A Risky Investment?
Jun 03Investors Can Find Comfort In China Resources Chemical Innovative Materials' (SZSE:301090) Earnings Quality
May 02China Resources Chemical Innovative Materials (SZSE:301090) May Have Issues Allocating Its Capital
Mar 05Financial Position Analysis
Short Term Liabilities: 301090's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 301090's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥176.3M).
Debt to Equity History and Analysis
Debt Level: 301090 has more cash than its total debt.
Reducing Debt: 301090's debt to equity ratio has reduced from 9.3% to 2.9% over the past 5 years.
Debt Coverage: 301090's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301090's interest payments on its debt are well covered by EBIT.