NanJing Sanchao Advanced MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
NanJing Sanchao Advanced MaterialsLtd has a total shareholder equity of CN¥823.8M and total debt of CN¥129.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥1.1B and CN¥323.6M respectively. NanJing Sanchao Advanced MaterialsLtd's EBIT is CN¥28.6M making its interest coverage ratio 10.5. It has cash and short-term investments of CN¥95.0M.
Key information
15.7%
Debt to equity ratio
CN¥129.27m
Debt
| Interest coverage ratio | 10.5x |
| Cash | CN¥94.95m |
| Equity | CN¥823.78m |
| Total liabilities | CN¥323.64m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Recent updates
Risks Still Elevated At These Prices As NanJing Sanchao Advanced Materials Co.,Ltd. (SZSE:300554) Shares Dive 26%
Jun 21
Some NanJing Sanchao Advanced Materials Co.,Ltd. (SZSE:300554) Shareholders Look For Exit As Shares Take 26% Pounding
Apr 21NanJing Sanchao Advanced MaterialsLtd's (SZSE:300554) Performance Is Even Better Than Its Earnings Suggest
Mar 25Subdued Growth No Barrier To NanJing Sanchao Advanced Materials Co.,Ltd. (SZSE:300554) With Shares Advancing 52%
Mar 06Some Investors May Be Worried About NanJing Sanchao Advanced MaterialsLtd's (SZSE:300554) Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 300554's short term assets (CN¥605.4M) exceed its short term liabilities (CN¥263.0M).
Long Term Liabilities: 300554's short term assets (CN¥605.4M) exceed its long term liabilities (CN¥60.6M).
Debt to Equity History and Analysis
Debt Level: 300554's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 300554's debt to equity ratio has increased from 2.4% to 15.7% over the past 5 years.
Debt Coverage: 300554's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300554's interest payments on its debt are well covered by EBIT (10.5x coverage).