Chengdu Galaxy MagnetsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu Galaxy MagnetsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥4.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.5B and CN¥85.7M respectively. Chengdu Galaxy MagnetsLtd's EBIT is CN¥122.0M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥593.1M.
Key information
0.3%
Debt to equity ratio
CN¥4.20m
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥593.11m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥85.73m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Chengdu Galaxy Magnets Co.,Ltd. (SZSE:300127)
Dec 18
Subdued Growth No Barrier To Chengdu Galaxy Magnets Co.,Ltd. (SZSE:300127) With Shares Advancing 66%
Nov 30Earnings Not Telling The Story For Chengdu Galaxy Magnets Co.,Ltd. (SZSE:300127) After Shares Rise 39%
Oct 08Chengdu Galaxy MagnetsLtd (SZSE:300127) Will Pay A Dividend Of CN¥0.40
Jun 21Chengdu Galaxy Magnets Co.,Ltd. (SZSE:300127) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Apr 09Financial Position Analysis
Short Term Liabilities: 300127's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥78.6M).
Long Term Liabilities: 300127's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 300127 has more cash than its total debt.
Reducing Debt: 300127's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 300127's debt is well covered by operating cash flow (7187.2%).
Interest Coverage: 300127 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 | 2024/12/23 19:09 |
| End of Day Share Price | 2024/12/23 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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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
Chengdu Galaxy Magnets Co.,Ltd. is covered by 7 analysts. 1 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 |
|---|---|
| Jian Jun Zou | Chasing Securities |
| Yan Chen | China International Capital Corporation Limited |
| Shijun Xiao | Guodu Securities Co. |