Super-Dragon Engineering Plastics Balance Sheet Health
Financial Health criteria checks 3/6
Super-Dragon Engineering Plastics has a total shareholder equity of CN¥849.5M and total debt of CN¥764.6M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are CN¥1.9B and CN¥1.1B respectively. Super-Dragon Engineering Plastics's EBIT is CN¥41.2M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥154.2M.
Key information
90.0%
Debt to equity ratio
CN¥764.60m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥154.21m |
| Equity | CN¥849.52m |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Super-Dragon Engineering Plastics' (SZSE:301131) Returns On Capital
Dec 17
Super-Dragon Engineering Plastics' (SZSE:301131) Conservative Accounting Might Explain Soft Earnings
Nov 06Super-Dragon Engineering Plastics (SZSE:301131) Is Reinvesting At Lower Rates Of Return
Jul 04What Super-Dragon Engineering Plastics Co., Ltd's (SZSE:301131) 26% Share Price Gain Is Not Telling You
May 23Super-Dragon Engineering Plastics' (SZSE:301131) Earnings Are Of Questionable Quality
May 05Here's What's Concerning About Super-Dragon Engineering Plastics' (SZSE:301131) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 301131's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥702.0M).
Long Term Liabilities: 301131's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥378.8M).
Debt to Equity History and Analysis
Debt Level: 301131's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: 301131's debt to equity ratio has reduced from 90.9% to 90% over the past 5 years.
Debt Coverage: 301131's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301131's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 16:56 |
| End of Day Share Price | 2024/12/25 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
Super-Dragon Engineering Plastics Co., Ltd is covered by 0 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 |
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