New Trend International Logis-TechLtd Balance Sheet Health
Financial Health criteria checks 6/6
New Trend International Logis-TechLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥61.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥4.5B and CN¥2.8B respectively. New Trend International Logis-TechLtd's EBIT is CN¥333.2M making its interest coverage ratio -28.9. It has cash and short-term investments of CN¥844.1M.
Key information
3.7%
Debt to equity ratio
CN¥61.73m
Debt
| Interest coverage ratio | -28.9x |
| Cash | CN¥844.06m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥4.46b |
Recent financial health updates
Recent updates
New Trend International Logis-TechLtd (SZSE:300532) Seems To Use Debt Quite Sensibly
Dec 17
We Think That There Are More Issues For New Trend International Logis-TechLtd (SZSE:300532) Than Just Sluggish Earnings
Nov 04New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Soars 46% But It's A Story Of Risk Vs Reward
Oct 08New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Stock Rockets 29% But Many Are Still Ignoring The Company
Aug 23Shareholders Can Be Confident That New Trend International Logis-TechLtd's (SZSE:300532) Earnings Are High Quality
Apr 01New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Soars 28% But It's A Story Of Risk Vs Reward
Mar 04Does New Trend International Logis-TechLtd (SZSE:300532) Deserve A Spot On Your Watchlist?
Feb 26Financial Position Analysis
Short Term Liabilities: 300532's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300532's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥84.7M).
Debt to Equity History and Analysis
Debt Level: 300532 has more cash than its total debt.
Reducing Debt: 300532's debt to equity ratio has reduced from 5.3% to 3.7% over the past 5 years.
Debt Coverage: 300532's debt is well covered by operating cash flow (312.3%).
Interest Coverage: 300532 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 | 2024/12/30 04:40 |
| End of Day Share Price | 2024/12/30 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
New Trend International Logis-Tech Co.,Ltd. is covered by 6 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.
| Analyst | Institution |
|---|---|
| Chen He | Chasing Securities |
| Tao Chang | China Merchants Securities Co. Ltd. |
| Qun Xi Xiao | Huatai Research |