China Treasures New Materials Group Ltd.

SEHK:2439 Stock Report

Market Cap: HK$300.0m

China Treasures New Materials Group Balance Sheet Health

Financial Health criteria checks 5/6

China Treasures New Materials Group has a total shareholder equity of CN¥448.1M and total debt of CN¥49.7M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥558.0M and CN¥109.9M respectively. China Treasures New Materials Group's EBIT is CN¥99.1M making its interest coverage ratio 65.2. It has cash and short-term investments of CN¥315.7M.

Key information

11.1%

Debt to equity ratio

CN¥49.66m

Debt

Interest coverage ratio65.2x
CashCN¥315.70m
EquityCN¥448.12m
Total liabilitiesCN¥109.92m
Total assetsCN¥558.05m

Recent financial health updates

Recent updates

These 4 Measures Indicate That China Treasures New Materials Group (HKG:2439) Is Using Debt Safely

May 06
These 4 Measures Indicate That China Treasures New Materials Group (HKG:2439) Is Using Debt Safely

China Treasures New Materials Group's (HKG:2439) Shareholders Have More To Worry About Than Only Soft Earnings

Sep 29
China Treasures New Materials Group's (HKG:2439) Shareholders Have More To Worry About Than Only Soft Earnings

A Look At The Intrinsic Value Of China Treasures New Materials Group Ltd. (HKG:2439)

Aug 29
A Look At The Intrinsic Value Of China Treasures New Materials Group Ltd. (HKG:2439)

Financial Position Analysis

Short Term Liabilities: 2439's short term assets (CN¥445.6M) exceed its short term liabilities (CN¥89.8M).

Long Term Liabilities: 2439's short term assets (CN¥445.6M) exceed its long term liabilities (CN¥20.1M).


Debt to Equity History and Analysis

Debt Level: 2439 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 2439's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2439's debt is well covered by operating cash flow (211.7%).

Interest Coverage: 2439's interest payments on its debt are well covered by EBIT (65.2x coverage).


Balance Sheet


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