Longkou Union Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Longkou Union Chemical has a total shareholder equity of CN¥722.4M and total debt of CN¥26.2M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥819.4M and CN¥97.0M respectively. Longkou Union Chemical's EBIT is CN¥52.6M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥433.9M.
Key information
3.6%
Debt to equity ratio
CN¥26.22m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥433.92m |
| Equity | CN¥722.41m |
| Total liabilities | CN¥96.98m |
| Total assets | CN¥819.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301209's short term assets (CN¥706.5M) exceed its short term liabilities (CN¥93.3M).
Long Term Liabilities: 301209's short term assets (CN¥706.5M) exceed its long term liabilities (CN¥3.6M).
Debt to Equity History and Analysis
Debt Level: 301209 has more cash than its total debt.
Reducing Debt: 301209's debt to equity ratio has reduced from 37.9% to 3.6% over the past 5 years.
Debt Coverage: 301209's debt is well covered by operating cash flow (200.3%).
Interest Coverage: 301209 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 14:07 |
| 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
Longkou Union Chemical 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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