Ningbo Xusheng Group Co., Ltd.

SHSE:603305 Stock Report

Market Cap: CN¥12.2b

Ningbo Xusheng Group Balance Sheet Health

Financial Health criteria checks 5/6

Ningbo Xusheng Group has a total shareholder equity of CN¥6.6B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are CN¥13.3B and CN¥6.8B respectively. Ningbo Xusheng Group's EBIT is CN¥530.2M making its interest coverage ratio 46.6. It has cash and short-term investments of CN¥5.4B.

Key information

73.6%

Debt to equity ratio

CN¥4.84b

Debt

Interest coverage ratio46.6x
CashCN¥5.38b
EquityCN¥6.57b
Total liabilitiesCN¥6.77b
Total assetsCN¥13.34b

Recent financial health updates

Recent updates

Returns On Capital At Ningbo Xusheng Group (SHSE:603305) Paint A Concerning Picture

Oct 29
Returns On Capital At Ningbo Xusheng Group (SHSE:603305) Paint A Concerning Picture

Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Doing What It Can To Lift Shares

Oct 11
Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Doing What It Can To Lift Shares

Some Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Analysts Just Made A Major Cut To Next Year's Estimates

Sep 02
Some Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Analysts Just Made A Major Cut To Next Year's Estimates

Be Wary Of Ningbo Xusheng Group (SHSE:603305) And Its Returns On Capital

Jul 16
Be Wary Of Ningbo Xusheng Group (SHSE:603305) And Its Returns On Capital

Ningbo Xusheng Group Co., Ltd.'s (SHSE:603305) Low P/E No Reason For Excitement

Jun 26
Ningbo Xusheng Group Co., Ltd.'s (SHSE:603305) Low P/E No Reason For Excitement

Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden

May 21
Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden

Analysts Just Shaved Their Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Forecasts Dramatically

May 01
Analysts Just Shaved Their Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Forecasts Dramatically

Capital Allocation Trends At Ningbo Xusheng Group (SHSE:603305) Aren't Ideal

Apr 16
Capital Allocation Trends At Ningbo Xusheng Group (SHSE:603305) Aren't Ideal

Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Mar 07
Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Financial Position Analysis

Short Term Liabilities: 603305's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥3.1B).

Long Term Liabilities: 603305's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥3.7B).


Debt to Equity History and Analysis

Debt Level: 603305 has more cash than its total debt.

Reducing Debt: 603305's debt to equity ratio has increased from 26.3% to 73.6% over the past 5 years.

Debt Coverage: 603305's debt is well covered by operating cash flow (23.5%).

Interest Coverage: 603305's interest payments on its debt are well covered by EBIT (46.6x coverage).


Balance Sheet


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