Shandong Xinjufeng Technology Packaging Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Xinjufeng Technology Packaging has a total shareholder equity of CN¥2.5B and total debt of CN¥231.4M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥3.4B and CN¥890.4M respectively. Shandong Xinjufeng Technology Packaging's EBIT is CN¥195.5M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥453.4M.
Key information
9.2%
Debt to equity ratio
CN¥231.36m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥453.43m |
| Equity | CN¥2.52b |
| Total liabilities | CN¥890.39m |
| Total assets | CN¥3.41b |
Recent financial health updates
Is Shandong Xinjufeng Technology Packaging (SZSE:301296) Using Too Much Debt?
Oct 29
Shandong Xinjufeng Technology Packaging (SZSE:301296) Has A Pretty Healthy Balance Sheet
Mar 29Recent updates
Shandong Xinjufeng Technology Packaging (SZSE:301296) Might Be Having Difficulty Using Its Capital Effectively
Dec 19Shandong Xinjufeng Technology Packaging Co., Ltd. (SZSE:301296) Held Back By Insufficient Growth Even After Shares Climb 29%
Nov 20Is Shandong Xinjufeng Technology Packaging (SZSE:301296) Using Too Much Debt?
Oct 29Is There Now An Opportunity In Shandong Xinjufeng Technology Packaging Co., Ltd. (SZSE:301296)?
Sep 27Shandong Xinjufeng Technology Packaging (SZSE:301296) Is Increasing Its Dividend To CN¥0.0534
Jul 01Returns On Capital Signal Tricky Times Ahead For Shandong Xinjufeng Technology Packaging (SZSE:301296)
Jun 26Shandong Xinjufeng Technology Packaging (SZSE:301296) Has A Pretty Healthy Balance Sheet
Mar 29Financial Position Analysis
Short Term Liabilities: 301296's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥796.0M).
Long Term Liabilities: 301296's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥94.4M).
Debt to Equity History and Analysis
Debt Level: 301296 has more cash than its total debt.
Reducing Debt: 301296's debt to equity ratio has increased from 7.5% to 9.2% over the past 5 years.
Debt Coverage: 301296's debt is well covered by operating cash flow (135.2%).
Interest Coverage: 301296 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 | 2024/12/25 05:32 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Shandong Xinjufeng Technology Packaging Co., Ltd. is covered by 7 analysts. 4 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 |
|---|---|
| Zhong Ping Zhao | China Merchants Securities Co. Ltd. |
| Xin Li | Citic Securities Co., Ltd. |
| Da Kang | Citic Securities Co., Ltd. |