Ling Yun Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Ling Yun Industrial has a total shareholder equity of CN¥9.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CN¥19.0B and CN¥9.5B respectively. Ling Yun Industrial's EBIT is CN¥1.1B making its interest coverage ratio -159.4. It has cash and short-term investments of CN¥3.0B.
Key information
22.2%
Debt to equity ratio
CN¥2.10b
Debt
| Interest coverage ratio | -159.4x |
| Cash | CN¥3.04b |
| Equity | CN¥9.47b |
| Total liabilities | CN¥9.55b |
| Total assets | CN¥19.02b |
Recent financial health updates
Is Ling Yun Industrial (SHSE:600480) A Risky Investment?
Dec 18
Is Ling Yun Industrial (SHSE:600480) Using Too Much Debt?
Aug 08We Think Ling Yun Industrial (SHSE:600480) Can Manage Its Debt With Ease
Apr 30Recent updates
Is Ling Yun Industrial (SHSE:600480) A Risky Investment?
Dec 18Ling Yun Industrial Corporation Limited's (SHSE:600480) Shares Bounce 27% But Its Business Still Trails The Market
Dec 02Ling Yun Industrial (SHSE:600480) Ticks All The Boxes When It Comes To Earnings Growth
Nov 11Ling Yun Industrial (SHSE:600480) Is Doing The Right Things To Multiply Its Share Price
Aug 27Is Ling Yun Industrial (SHSE:600480) Using Too Much Debt?
Aug 08The Returns At Ling Yun Industrial (SHSE:600480) Aren't Growing
May 27We Think Ling Yun Industrial (SHSE:600480) Can Manage Its Debt With Ease
Apr 30Investors Continue Waiting On Sidelines For Ling Yun Industrial Corporation Limited (SHSE:600480)
Mar 18Here's Why We Think Ling Yun Industrial (SHSE:600480) Might Deserve Your Attention Today
Mar 01Financial Position Analysis
Short Term Liabilities: 600480's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 600480's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥550.7M).
Debt to Equity History and Analysis
Debt Level: 600480 has more cash than its total debt.
Reducing Debt: 600480's debt to equity ratio has reduced from 57.4% to 22.2% over the past 5 years.
Debt Coverage: 600480's debt is well covered by operating cash flow (86.2%).
Interest Coverage: 600480 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 | 2024/12/23 12:08 |
| End of Day Share Price | 2024/12/23 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
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 .
Analyst Sources
Ling Yun Industrial Corporation Limited is covered by 6 analysts. 1 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 |
|---|---|
| Deng Gao | Changjiang Securities Co. LTD. |
| Ming Fan | Credit Suisse |
| Chen Zhao | Everbright Securities Co. Ltd. |