Xiangyang Changyuandonggu Industry Co., Ltd.

SHSE:603950 Stock Report

Market Cap: CN¥6.3b

Xiangyang Changyuandonggu Industry Balance Sheet Health

Financial Health criteria checks 6/6

Xiangyang Changyuandonggu Industry has a total shareholder equity of CN¥2.6B and total debt of CN¥770.2M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥5.0B and CN¥2.3B respectively. Xiangyang Changyuandonggu Industry's EBIT is CN¥204.8M making its interest coverage ratio -43.8. It has cash and short-term investments of CN¥531.2M.

Key information

29.2%

Debt to equity ratio

CN¥770.16m

Debt

Interest coverage ratio-43.8x
CashCN¥531.24m
EquityCN¥2.63b
Total liabilitiesCN¥2.32b
Total assetsCN¥4.96b

Recent financial health updates

These 4 Measures Indicate That Xiangyang Changyuandonggu Industry (SHSE:603950) Is Using Debt Reasonably Well

Nov 22
These 4 Measures Indicate That Xiangyang Changyuandonggu Industry (SHSE:603950) Is Using Debt Reasonably Well

Recent updates

Investors Could Be Concerned With Xiangyang Changyuandonggu Industry's (SHSE:603950) Returns On Capital

Jan 06
Investors Could Be Concerned With Xiangyang Changyuandonggu Industry's (SHSE:603950) Returns On Capital

There's No Escaping Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Muted Earnings Despite A 27% Share Price Rise

Dec 16
There's No Escaping Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Muted Earnings Despite A 27% Share Price Rise

These 4 Measures Indicate That Xiangyang Changyuandonggu Industry (SHSE:603950) Is Using Debt Reasonably Well

Nov 22
These 4 Measures Indicate That Xiangyang Changyuandonggu Industry (SHSE:603950) Is Using Debt Reasonably Well

Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Low P/E No Reason For Excitement

Sep 27
Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Low P/E No Reason For Excitement

Capital Allocation Trends At Xiangyang Changyuandonggu Industry (SHSE:603950) Aren't Ideal

Aug 01
Capital Allocation Trends At Xiangyang Changyuandonggu Industry (SHSE:603950) Aren't Ideal

Benign Growth For Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Underpins Stock's 26% Plummet

Jun 21
Benign Growth For Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Underpins Stock's 26% Plummet

Additional Considerations Required While Assessing Xiangyang Changyuandonggu Industry's (SHSE:603950) Strong Earnings

May 06
Additional Considerations Required While Assessing Xiangyang Changyuandonggu Industry's (SHSE:603950) Strong Earnings

Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Held Back By Insufficient Growth Even After Shares Climb 27%

Mar 11
Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Held Back By Insufficient Growth Even After Shares Climb 27%

Financial Position Analysis

Short Term Liabilities: 603950's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 603950's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.0B).

Debt to Equity History and Analysis

Debt Level: 603950's net debt to equity ratio (9.1%) is considered satisfactory.

Reducing Debt: 603950's debt to equity ratio has reduced from 91.4% to 29.2% over the past 5 years.

Debt Coverage: 603950's debt is well covered by operating cash flow (55%).

Interest Coverage: 603950 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

DataLast Updated (UTC time)
Company Analysis2025/01/22 19:58
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Xiangyang Changyuandonggu Industry Co., Ltd. is covered by 1 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.

AnalystInstitution
Xue DengTianfeng Securities Brokerage Co., Ltd