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 ratio | 46.6x |
| Cash | CN¥5.38b |
| Equity | CN¥6.57b |
| Total liabilities | CN¥6.77b |
| Total assets | CN¥13.34b |
Recent financial health updates
Ningbo Xusheng Group (SHSE:603305) Has A Somewhat Strained Balance Sheet
Dec 06
Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden
May 21Recent updates
Ningbo Xusheng Group (SHSE:603305) Has A Somewhat Strained Balance Sheet
Dec 06Returns On Capital At Ningbo Xusheng Group (SHSE:603305) Paint A Concerning Picture
Oct 29Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Doing What It Can To Lift Shares
Oct 11Some Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Analysts Just Made A Major Cut To Next Year's Estimates
Sep 02Be Wary Of Ningbo Xusheng Group (SHSE:603305) And Its Returns On Capital
Jul 16Ningbo Xusheng Group Co., Ltd.'s (SHSE:603305) Low P/E No Reason For Excitement
Jun 26Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden
May 21Analysts Just Shaved Their Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Forecasts Dramatically
May 01Capital Allocation Trends At Ningbo Xusheng Group (SHSE:603305) Aren't Ideal
Apr 16Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 08:29 |
| End of Day Share Price | 2024/12/27 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
Ningbo Xusheng Group Co., Ltd. is covered by 18 analysts. 11 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 |
|---|---|
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Xue Deng | China International Capital Corporation Limited |
| Zhenhao Chen | China International Capital Corporation Limited |