China Treasures New Materials Group Balance Sheet Health
Financial Health criteria checks 6/6
China Treasures New Materials Group has a total shareholder equity of CN¥560.4M and total debt of CN¥72.0M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CN¥690.6M and CN¥130.2M respectively. China Treasures New Materials Group's EBIT is CN¥114.8M making its interest coverage ratio 46.3. It has cash and short-term investments of CN¥422.7M.
Key information
12.9%
Debt to equity ratio
CN¥72.01m
Debt
| Interest coverage ratio | 46.3x |
| Cash | CN¥422.71m |
| Equity | CN¥560.36m |
| Total liabilities | CN¥130.25m |
| Total assets | CN¥690.60m |
Recent financial health updates
China Treasures New Materials Group (HKG:2439) Seems To Use Debt Rather Sparingly
Apr 01
China Treasures New Materials Group (HKG:2439) Has A Rock Solid Balance Sheet
Oct 14These 4 Measures Indicate That China Treasures New Materials Group (HKG:2439) Is Using Debt Safely
May 06Recent updates
China Treasures New Materials Group (HKG:2439) Seems To Use Debt Rather Sparingly
Apr 01There Are Reasons To Feel Uneasy About China Treasures New Materials Group's (HKG:2439) Returns On Capital
Jan 27China Treasures New Materials Group (HKG:2439) Has A Rock Solid Balance Sheet
Oct 14China Treasures New Materials Group (HKG:2439) May Have Issues Allocating Its Capital
Aug 21These 4 Measures Indicate That China Treasures New Materials Group (HKG:2439) Is Using Debt Safely
May 06China Treasures New Materials Group's (HKG:2439) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 29A Look At The Intrinsic Value Of China Treasures New Materials Group Ltd. (HKG:2439)
Aug 29Financial Position Analysis
Short Term Liabilities: 2439's short term assets (CN¥568.2M) exceed its short term liabilities (CN¥127.1M).
Long Term Liabilities: 2439's short term assets (CN¥568.2M) exceed its long term liabilities (CN¥3.1M).
Debt to Equity History and Analysis
Debt Level: 2439 has more cash than its total debt.
Reducing Debt: 2439's debt to equity ratio has reduced from 27% to 12.9% over the past 5 years.
Debt Coverage: 2439's debt is well covered by operating cash flow (166.8%).
Interest Coverage: 2439's interest payments on its debt are well covered by EBIT (46.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/04 04:08 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
China Treasures New Materials Group Ltd. is covered by 0 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.