Chongqing Polycomp International Balance Sheet Health
Financial Health criteria checks 2/6
Chongqing Polycomp International has a total shareholder equity of CN¥9.2B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are CN¥21.6B and CN¥12.4B respectively. Chongqing Polycomp International's EBIT is CN¥110.8M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥2.3B.
Key information
111.2%
Debt to equity ratio
CN¥10.23b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥2.27b |
| Equity | CN¥9.20b |
| Total liabilities | CN¥12.44b |
| Total assets | CN¥21.64b |
Recent financial health updates
Does Chongqing Polycomp International (SZSE:301526) Have A Healthy Balance Sheet?
Oct 18
Chongqing Polycomp International (SZSE:301526) Seems To Be Using A Lot Of Debt
Jun 22Recent updates
Financial Position Analysis
Short Term Liabilities: 301526's short term assets (CN¥7.7B) do not cover its short term liabilities (CN¥8.3B).
Long Term Liabilities: 301526's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 301526's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: 301526's debt to equity ratio has reduced from 115.4% to 111.2% over the past 5 years.
Debt Coverage: 301526's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 301526's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 17:18 |
| End of Day Share Price | 2024/12/26 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
Chongqing Polycomp International Corporation 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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