Yuen Chang Stainless Steel Balance Sheet Health
Financial Health criteria checks 3/6
Yuen Chang Stainless Steel has a total shareholder equity of NT$4.0B and total debt of NT$4.5B, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are NT$9.0B and NT$5.1B respectively. Yuen Chang Stainless Steel's EBIT is NT$253.6M making its interest coverage ratio 1.5. It has cash and short-term investments of NT$200.0M.
Key information
112.7%
Debt to equity ratio
NT$4.46b
Debt
| Interest coverage ratio | 1.5x |
| Cash | NT$200.04m |
| Equity | NT$3.96b |
| Total liabilities | NT$5.09b |
| Total assets | NT$9.05b |
Recent financial health updates
Yuen Chang Stainless Steel (TPE:2069) Seems To Be Using A Lot Of Debt
Apr 12
We Think Yuen Chang Stainless Steel (TPE:2069) Is Taking Some Risk With Its Debt
Dec 12
Recent updates
Concerns Surrounding Yuen Chang Stainless Steel's (TWSE:2069) Performance
Nov 18Yuen Chang Stainless Steel Co., Ltd.'s (TWSE:2069) Subdued P/S Might Signal An Opportunity
Nov 11Yuen Chang Stainless Steel (TPE:2069) Seems To Be Using A Lot Of Debt
Apr 12Yuen Chang Stainless Steel Co., Ltd. (TPE:2069) Investors Are Less Pessimistic Than Expected
Mar 25Does Yuen Chang Stainless Steel Co., Ltd. (TPE:2069) Have A Place In Your Dividend Stock Portfolio?
Mar 01Returns On Capital At Yuen Chang Stainless Steel (TPE:2069) Paint An Interesting Picture
Feb 02Yuen Chang Stainless Steel's (TPE:2069) Stock Price Has Reduced 29% In The Past Three Years
Jan 07We Think Yuen Chang Stainless Steel (TPE:2069) Is Taking Some Risk With Its Debt
Dec 12Financial Position Analysis
Short Term Liabilities: 2069's short term assets (NT$4.3B) do not cover its short term liabilities (NT$4.5B).
Long Term Liabilities: 2069's short term assets (NT$4.3B) exceed its long term liabilities (NT$607.0M).
Debt to Equity History and Analysis
Debt Level: 2069's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: 2069's debt to equity ratio has reduced from 132.9% to 112.7% over the past 5 years.
Debt Coverage: 2069's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 2069's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:18 |
| End of Day Share Price | 2024/12/20 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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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
Yuen Chang Stainless Steel Co., Ltd. is covered by 2 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.
| Analyst | Institution |
|---|---|
| Xin Liu | Capital Securities Corporation |
| Qiuxiang Lin | Jih Sun Securities Investment Consulting Co., Ltd. |