Advanced Fiber Resources (Zhuhai) Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Fiber Resources (Zhuhai) has a total shareholder equity of CN¥2.0B and total debt of CN¥304.4M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥2.8B and CN¥814.3M respectively. Advanced Fiber Resources (Zhuhai)'s EBIT is CN¥49.6M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥719.6M.
Key information
15.5%
Debt to equity ratio
CN¥304.35m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥719.61m |
| Equity | CN¥1.96b |
| Total liabilities | CN¥814.25m |
| Total assets | CN¥2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300620's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥496.7M).
Long Term Liabilities: 300620's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥317.6M).
Debt to Equity History and Analysis
Debt Level: 300620 has more cash than its total debt.
Reducing Debt: 300620's debt to equity ratio has increased from 0% to 15.5% over the past 5 years.
Debt Coverage: 300620's debt is well covered by operating cash flow (62.7%).
Interest Coverage: 300620 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 | 2024/12/26 20:55 |
| End of Day Share Price | 2024/12/26 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
Advanced Fiber Resources (Zhuhai), Ltd. is covered by 7 analysts. 4 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 |
|---|---|
| Kai Liu | Everbright Securities Co. Ltd. |
| Chenglong Ma | Guosen Securities Co., Ltd. |
| Weimin Yu | Haitong International Research Limited |