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 ratio | 19.1x |
| Cash | CN¥693.76m |
| Equity | CN¥4.31b |
| Total liabilities | CN¥3.14b |
| Total assets | CN¥7.45b |
Recent financial health updates
Is Konfoong Materials International (SZSE:300666) A Risky Investment?
Oct 25
Does Konfoong Materials International (SZSE:300666) Have A Healthy Balance Sheet?
May 24Recent updates
Should You Be Adding Konfoong Materials International (SZSE:300666) To Your Watchlist Today?
Dec 23Return Trends At Konfoong Materials International (SZSE:300666) Aren't Appealing
Nov 22Konfoong Materials International (SZSE:300666) Shareholders Should Be Cautious Despite Solid Earnings
Nov 01Is Konfoong Materials International (SZSE:300666) A Risky Investment?
Oct 25Konfoong Materials International Co., Ltd's (SZSE:300666) 49% Price Boost Is Out Of Tune With Earnings
Oct 09Earnings Miss: Konfoong Materials International Co., Ltd Missed EPS By 21% And Analysts Are Revising Their Forecasts
Sep 01Here's What's Concerning About Konfoong Materials International's (SZSE:300666) Returns On Capital
Aug 20Konfoong Materials International Co., Ltd's (SZSE:300666) Price Is Out Of Tune With Earnings
Jun 17Does Konfoong Materials International (SZSE:300666) Have A Healthy Balance Sheet?
May 24Konfoong Materials International's (SZSE:300666) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 01Why Investors Shouldn't Be Surprised By Konfoong Materials International Co., Ltd's (SZSE:300666) 28% Share Price Surge
Mar 04Returns On Capital Signal Tricky Times Ahead For Konfoong Materials International (SZSE:300666)
Feb 27Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 07:34 |
| End of Day Share Price | 2025/01/02 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
Konfoong Materials International Co., Ltd is covered by 7 analysts. 3 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 |
|---|---|
| Lei Jiang | China International Capital Corporation Limited |
| Fan Yan | China Merchants Securities Co. Ltd. |
| Chao Li | Citic Securities Co., Ltd. |