Suzhou Xianglou New Material Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Xianglou New Material has a total shareholder equity of CN¥1.5B and total debt of CN¥109.3M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥1.8B and CN¥306.9M respectively. Suzhou Xianglou New Material's EBIT is CN¥221.5M making its interest coverage ratio -173.3. It has cash and short-term investments of CN¥268.9M.
Key information
7.1%
Debt to equity ratio
CN¥109.33m
Debt
| Interest coverage ratio | -173.3x |
| Cash | CN¥268.88m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥306.93m |
| Total assets | CN¥1.85b |
Recent financial health updates
Recent updates
Improved Earnings Required Before Suzhou Xianglou New Material Co., Ltd. (SZSE:301160) Stock's 26% Jump Looks Justified
Dec 10
Here's Why Suzhou Xianglou New Material (SZSE:301160) Can Manage Its Debt Responsibly
Nov 14Improved Earnings Required Before Suzhou Xianglou New Material Co., Ltd. (SZSE:301160) Stock's 48% Jump Looks Justified
Sep 30Estimating The Fair Value Of Suzhou Xianglou New Material Co., Ltd. (SZSE:301160)
Sep 24Returns At Suzhou Xianglou New Material (SZSE:301160) Appear To Be Weighed Down
Jun 13We Think Shareholders Should Be Aware Of Some Factors Beyond Suzhou Xianglou New Material's (SZSE:301160) Profit
May 01Financial Position Analysis
Short Term Liabilities: 301160's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥270.7M).
Long Term Liabilities: 301160's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥36.3M).
Debt to Equity History and Analysis
Debt Level: 301160 has more cash than its total debt.
Reducing Debt: 301160's debt to equity ratio has reduced from 29.2% to 7.1% over the past 5 years.
Debt Coverage: 301160's debt is well covered by operating cash flow (164.3%).
Interest Coverage: 301160 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 18:38 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Suzhou Xianglou New Material Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Zu Xue Qiu | Minsheng Securities Co. |