Fujian Yuanxiang New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fujian Yuanxiang New MaterialsLtd has a total shareholder equity of CN¥800.1M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥981.8M and CN¥181.8M respectively. Fujian Yuanxiang New MaterialsLtd's EBIT is CN¥35.0M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥490.7M.
Key information
2.5%
Debt to equity ratio
CN¥20.01m
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥490.70m |
| Equity | CN¥800.06m |
| Total liabilities | CN¥181.78m |
| Total assets | CN¥981.84m |
Recent financial health updates
No updates
Recent updates
Fujian Yuanxiang New MaterialsLtd (SZSE:301300) Will Be Hoping To Turn Its Returns On Capital Around
Sep 30
What Fujian Yuanxiang New Materials Co.,Ltd's (SZSE:301300) 54% Share Price Gain Is Not Telling You
Jul 12Fujian Yuanxiang New MaterialsLtd (SZSE:301300) Is Due To Pay A Dividend Of CN¥0.40
Jun 03Fujian Yuanxiang New Materials Co.,Ltd's (SZSE:301300) Share Price Not Quite Adding Up
Feb 26Financial Position Analysis
Short Term Liabilities: 301300's short term assets (CN¥793.9M) exceed its short term liabilities (CN¥175.3M).
Long Term Liabilities: 301300's short term assets (CN¥793.9M) exceed its long term liabilities (CN¥6.4M).
Debt to Equity History and Analysis
Debt Level: 301300 has more cash than its total debt.
Reducing Debt: 301300's debt to equity ratio has reduced from 41.4% to 2.5% over the past 5 years.
Debt Coverage: 301300's debt is well covered by operating cash flow (184%).
Interest Coverage: 301300 earns more interest than it pays, so coverage of interest payments is not a concern.