Shenzhen Vital New Material Co., Ltd.

SZSE:301319 Stock Report

Market Cap: CN¥2.7b

Shenzhen Vital New Material Balance Sheet Health

Financial Health criteria checks 6/6

Shenzhen Vital New Material has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥202.4M respectively. Shenzhen Vital New Material's EBIT is CN¥78.3M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥590.7M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-5.4x
CashCN¥590.74m
EquityCN¥1.13b
Total liabilitiesCN¥202.35m
Total assetsCN¥1.33b

Recent financial health updates

No updates

Recent updates

We Think That There Are Some Issues For Shenzhen Vital New Material (SZSE:301319) Beyond Its Promising Earnings

Nov 04
We Think That There Are Some Issues For Shenzhen Vital New Material (SZSE:301319) Beyond Its Promising Earnings

Shenzhen Vital New Material's (SZSE:301319) Dividend Will Be Increased To CN¥1.40

May 26
Shenzhen Vital New Material's (SZSE:301319) Dividend Will Be Increased To CN¥1.40

Shenzhen Vital New Material's (SZSE:301319) Profits Appear To Have Quality Issues

May 02
Shenzhen Vital New Material's (SZSE:301319) Profits Appear To Have Quality Issues

Shenzhen Vital New Material (SZSE:301319) Could Be Struggling To Allocate Capital

Feb 26
Shenzhen Vital New Material (SZSE:301319) Could Be Struggling To Allocate Capital

Financial Position Analysis

Short Term Liabilities: 301319's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥198.1M).

Long Term Liabilities: 301319's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥4.3M).


Debt to Equity History and Analysis

Debt Level: 301319 is debt free.

Reducing Debt: 301319 has no debt compared to 5 years ago when its debt to equity ratio was 8.2%.

Debt Coverage: 301319 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301319 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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