Hubei Guochuang Hi-tech MaterialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hubei Guochuang Hi-tech MaterialLtd has a total shareholder equity of CN¥492.1M and total debt of CN¥332.2M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are CN¥987.6M and CN¥495.5M respectively.
Key information
67.5%
Debt to equity ratio
CN¥332.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥30.16m |
| Equity | CN¥492.05m |
| Total liabilities | CN¥495.52m |
| Total assets | CN¥987.57m |
Recent financial health updates
No updates
Recent updates
What Hubei Guochuang Hi-tech Material Co.,Ltd's (SZSE:002377) 33% Share Price Gain Is Not Telling You
Dec 16
Hubei Guochuang Hi-tech Material Co.,Ltd's (SZSE:002377) Shares Climb 47% But Its Business Is Yet to Catch Up
Oct 21Hubei Guochuang Hi-tech Material Co.,Ltd (SZSE:002377) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
Feb 26Financial Position Analysis
Short Term Liabilities: 002377's short term assets (CN¥599.2M) exceed its short term liabilities (CN¥482.9M).
Long Term Liabilities: 002377's short term assets (CN¥599.2M) exceed its long term liabilities (CN¥12.6M).
Debt to Equity History and Analysis
Debt Level: 002377's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: 002377's debt to equity ratio has increased from 7% to 67.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002377 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002377 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:01 |
| 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 |
| |
| 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
Hubei Guochuang Hi-tech Material Co.,Ltd is covered by 2 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 |
|---|---|
| Yating Zhou | China Renaissance Securities |
| Changming Yan | Industrial Securities Co. Ltd. |