Highbroad Advanced Material (Hefei) Co., Ltd.

SZSE:301321 Stock Report

Market Cap: CN¥2.8b

Highbroad Advanced Material (Hefei) Balance Sheet Health

Financial Health criteria checks 2/6

Highbroad Advanced Material (Hefei) has a total shareholder equity of CN¥1.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 131%. Its total assets and total liabilities are CN¥4.9B and CN¥3.7B respectively.

Key information

131.0%

Debt to equity ratio

CN¥1.59b

Debt

Interest coverage ration/a
CashCN¥657.68m
EquityCN¥1.21b
Total liabilitiesCN¥3.72b
Total assetsCN¥4.94b

Recent financial health updates

No updates

Recent updates

There's No Escaping Highbroad Advanced Material (Hefei) Co., Ltd.'s (SZSE:301321) Muted Revenues Despite A 35% Share Price Rise

Nov 11
There's No Escaping Highbroad Advanced Material (Hefei) Co., Ltd.'s (SZSE:301321) Muted Revenues Despite A 35% Share Price Rise

Highbroad Advanced Material (Hefei) Co., Ltd. (SZSE:301321) Held Back By Insufficient Growth Even After Shares Climb 26%

Sep 27
Highbroad Advanced Material (Hefei) Co., Ltd. (SZSE:301321) Held Back By Insufficient Growth Even After Shares Climb 26%

Lacklustre Performance Is Driving Highbroad Advanced Material (Hefei) Co., Ltd.'s (SZSE:301321) Low P/S

Jun 26
Lacklustre Performance Is Driving Highbroad Advanced Material (Hefei) Co., Ltd.'s (SZSE:301321) Low P/S

Highbroad Advanced Material (Hefei)'s (SZSE:301321) Solid Profits Have Weak Fundamentals

May 02
Highbroad Advanced Material (Hefei)'s (SZSE:301321) Solid Profits Have Weak Fundamentals

Highbroad Advanced Material (Hefei) Co., Ltd. (SZSE:301321) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Mar 07
Highbroad Advanced Material (Hefei) Co., Ltd. (SZSE:301321) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Financial Position Analysis

Short Term Liabilities: 301321's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥2.1B).

Long Term Liabilities: 301321's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.6B).


Debt to Equity History and Analysis

Debt Level: 301321's net debt to equity ratio (76.8%) is considered high.

Reducing Debt: 301321's debt to equity ratio has increased from 51.5% to 131% over the past 5 years.

Debt Coverage: 301321's debt is not well covered by operating cash flow (4.7%).

Interest Coverage: Insufficient data to determine if 301321's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 18:47
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Highbroad Advanced Material (Hefei) Co., Ltd. is covered by 1 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.

AnalystInstitution
Jian PanTianfeng Securities Brokerage Co., Ltd