Konfoong Materials International Co., Ltd

SZSE:300666 Stock Report

Market Cap: CN¥19.2b

Konfoong Materials International Balance Sheet Health

Financial Health criteria checks 5/6

Konfoong Materials International has a total shareholder equity of CN¥4.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥7.4B and CN¥3.1B respectively. Konfoong Materials International's EBIT is CN¥335.0M making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥693.8M.

Key information

46.2%

Debt to equity ratio

CN¥1.99b

Debt

Interest coverage ratio19.1x
CashCN¥693.76m
EquityCN¥4.31b
Total liabilitiesCN¥3.14b
Total assetsCN¥7.45b

Recent financial health updates

Recent updates

Return Trends At Konfoong Materials International (SZSE:300666) Aren't Appealing

Nov 22
Return Trends At Konfoong Materials International (SZSE:300666) Aren't Appealing

Konfoong Materials International (SZSE:300666) Shareholders Should Be Cautious Despite Solid Earnings

Nov 01
Konfoong Materials International (SZSE:300666) Shareholders Should Be Cautious Despite Solid Earnings

Is Konfoong Materials International (SZSE:300666) A Risky Investment?

Oct 25
Is Konfoong Materials International (SZSE:300666) A Risky Investment?

Konfoong Materials International Co., Ltd's (SZSE:300666) 49% Price Boost Is Out Of Tune With Earnings

Oct 09
Konfoong Materials International Co., Ltd's (SZSE:300666) 49% Price Boost Is Out Of Tune With Earnings

Earnings Miss: Konfoong Materials International Co., Ltd Missed EPS By 21% And Analysts Are Revising Their Forecasts

Sep 01
Earnings Miss: Konfoong Materials International Co., Ltd Missed EPS By 21% And Analysts Are Revising Their Forecasts

Here's What's Concerning About Konfoong Materials International's (SZSE:300666) Returns On Capital

Aug 20
Here's What's Concerning About Konfoong Materials International's (SZSE:300666) Returns On Capital

Konfoong Materials International Co., Ltd's (SZSE:300666) Price Is Out Of Tune With Earnings

Jun 17
Konfoong Materials International Co., Ltd's (SZSE:300666) Price Is Out Of Tune With Earnings

Does Konfoong Materials International (SZSE:300666) Have A Healthy Balance Sheet?

May 24
Does Konfoong Materials International (SZSE:300666) Have A Healthy Balance Sheet?

Konfoong Materials International's (SZSE:300666) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 01
Konfoong Materials International's (SZSE:300666) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Why Investors Shouldn't Be Surprised By Konfoong Materials International Co., Ltd's (SZSE:300666) 28% Share Price Surge

Mar 04
Why Investors Shouldn't Be Surprised By Konfoong Materials International Co., Ltd's (SZSE:300666) 28% Share Price Surge

Returns On Capital Signal Tricky Times Ahead For Konfoong Materials International (SZSE:300666)

Feb 27
Returns On Capital Signal Tricky Times Ahead For Konfoong Materials International (SZSE:300666)

Financial Position Analysis

Short Term Liabilities: 300666's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.8B).

Long Term Liabilities: 300666's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.3B).


Debt to Equity History and Analysis

Debt Level: 300666's net debt to equity ratio (30.1%) is considered satisfactory.

Reducing Debt: 300666's debt to equity ratio has reduced from 86.4% to 46.2% over the past 5 years.

Debt Coverage: 300666's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300666's interest payments on its debt are well covered by EBIT (19.1x coverage).


Balance Sheet


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