Hangzhou First Applied Material Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou First Applied Material has a total shareholder equity of CN¥16.6B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥21.7B and CN¥5.1B respectively. Hangzhou First Applied Material's EBIT is CN¥1.8B making its interest coverage ratio -32.1. It has cash and short-term investments of CN¥4.6B.
Key information
21.2%
Debt to equity ratio
CN¥3.53b
Debt
| Interest coverage ratio | -32.1x |
| Cash | CN¥4.60b |
| Equity | CN¥16.61b |
| Total liabilities | CN¥5.11b |
| Total assets | CN¥21.72b |
Recent financial health updates
Is Hangzhou First Applied Material (SHSE:603806) A Risky Investment?
Dec 23
Hangzhou First Applied Material (SHSE:603806) Seems To Use Debt Quite Sensibly
Jul 28Here's Why Hangzhou First Applied Material (SHSE:603806) Has A Meaningful Debt Burden
Mar 19Recent updates
Is Hangzhou First Applied Material (SHSE:603806) A Risky Investment?
Dec 23Hangzhou First Applied Material (SHSE:603806) Has Some Way To Go To Become A Multi-Bagger
Dec 08We Think Hangzhou First Applied Material's (SHSE:603806) Healthy Earnings Might Be Conservative
Nov 06A Piece Of The Puzzle Missing From Hangzhou First Applied Material Co., Ltd.'s (SHSE:603806) 41% Share Price Climb
Oct 25Is Now An Opportune Moment To Examine Hangzhou First Applied Material Co., Ltd. (SHSE:603806)?
Oct 13Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Analysts Just Slashed This Year's Estimates
Aug 26Hangzhou First Applied Material (SHSE:603806) Seems To Use Debt Quite Sensibly
Jul 28Hangzhou First Applied Material's (SHSE:603806) Returns Have Hit A Wall
Jul 12Is It Too Late To Consider Buying Hangzhou First Applied Material Co., Ltd. (SHSE:603806)?
Jun 24Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Screens Well But There Might Be A Catch
Jun 06Hangzhou First Applied Material's (SHSE:603806) Profits May Not Reveal Underlying Issues
Apr 18Hangzhou First Applied Material Co., Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Apr 15Here's Why Hangzhou First Applied Material (SHSE:603806) Has A Meaningful Debt Burden
Mar 19After Leaping 29% Hangzhou First Applied Material Co., Ltd. (SHSE:603806) Shares Are Not Flying Under The Radar
Mar 04Financial Position Analysis
Short Term Liabilities: 603806's short term assets (CN¥16.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603806's short term assets (CN¥16.5B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 603806 has more cash than its total debt.
Reducing Debt: 603806's debt to equity ratio has increased from 0.3% to 21.2% over the past 5 years.
Debt Coverage: 603806's debt is well covered by operating cash flow (143.2%).
Interest Coverage: 603806 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 10:20 |
| 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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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
Hangzhou First Applied Material Co., Ltd. is covered by 25 analysts. 15 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 |
|---|---|
| Miriam Chan | BofA Global Research |
| Jian Xiong Lim | CFRA Equity Research |
| Bo Hua Wu | Changjiang Securities Co. LTD. |