Shandong Weigao Group Medical Polymer Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Weigao Group Medical Polymer has a total shareholder equity of CN¥24.6B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are CN¥34.5B and CN¥9.9B respectively. Shandong Weigao Group Medical Polymer's EBIT is CN¥2.1B making its interest coverage ratio 82.6. It has cash and short-term investments of CN¥7.9B.
Key information
16.3%
Debt to equity ratio
CN¥4.00b
Debt
| Interest coverage ratio | 82.6x |
| Cash | CN¥7.87b |
| Equity | CN¥24.63b |
| Total liabilities | CN¥9.91b |
| Total assets | CN¥34.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UK2's short term assets (CN¥19.5B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: UK2's short term assets (CN¥19.5B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: UK2 has more cash than its total debt.
Reducing Debt: UK2's debt to equity ratio has reduced from 34.4% to 16.3% over the past 5 years.
Debt Coverage: UK2's debt is well covered by operating cash flow (67.5%).
Interest Coverage: UK2's interest payments on its debt are well covered by EBIT (82.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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
Shandong Weigao Group Medical Polymer Company Limited is covered by 35 analysts. 7 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 |
|---|---|
| Jason Mann | Barclays |
| Derrick Sun | BNP Paribas Securities (Asia) |
| Feng Qiang Sun | BOCOM International Securities Limited |