Sany Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sany Heavy IndustryLtd has a total shareholder equity of CN¥72.2B and total debt of CN¥27.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥149.9B and CN¥77.7B respectively. Sany Heavy IndustryLtd's EBIT is CN¥5.6B making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥27.6B.
Key information
37.6%
Debt to equity ratio
CN¥27.12b
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥27.57b |
| Equity | CN¥72.15b |
| Total liabilities | CN¥77.75b |
| Total assets | CN¥149.90b |
Recent financial health updates
Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Nov 28
Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Aug 16Does Sany Heavy IndustryLtd (SHSE:600031) Have A Healthy Balance Sheet?
Feb 28Recent updates
Some Investors May Be Worried About Sany Heavy IndustryLtd's (SHSE:600031) Returns On Capital
Dec 12Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Nov 28Fewer Investors Than Expected Jumping On Sany Heavy Industry Co.,Ltd (SHSE:600031)
Nov 15Calculating The Intrinsic Value Of Sany Heavy Industry Co.,Ltd (SHSE:600031)
Oct 30Is Now An Opportune Moment To Examine Sany Heavy Industry Co.,Ltd (SHSE:600031)?
Oct 03We Think That There Are More Issues For Sany Heavy IndustryLtd (SHSE:600031) Than Just Sluggish Earnings
Sep 05Sany Heavy Industry Co.,Ltd Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Sep 03Sany Heavy IndustryLtd (SHSE:600031) Is Reinvesting At Lower Rates Of Return
Sep 01Sany Heavy IndustryLtd (SHSE:600031) Has A Pretty Healthy Balance Sheet
Aug 16Sany Heavy Industry Co.,Ltd's (SHSE:600031) P/E Still Appears To Be Reasonable
Jul 18Is It Too Late To Consider Buying Sany Heavy Industry Co.,Ltd (SHSE:600031)?
May 22Returns On Capital At Sany Heavy IndustryLtd (SHSE:600031) Paint A Concerning Picture
Mar 15Does Sany Heavy IndustryLtd (SHSE:600031) Have A Healthy Balance Sheet?
Feb 28Financial Position Analysis
Short Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its short term liabilities (CN¥58.2B).
Long Term Liabilities: 600031's short term assets (CN¥98.4B) exceed its long term liabilities (CN¥19.5B).
Debt to Equity History and Analysis
Debt Level: 600031 has more cash than its total debt.
Reducing Debt: 600031's debt to equity ratio has increased from 34.3% to 37.6% over the past 5 years.
Debt Coverage: 600031's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 600031 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 | 2024/12/28 18:49 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Sany Heavy Industry Co.,Ltd is covered by 49 analysts. 19 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 |
|---|---|
| Tingting Li | BNP Paribas Securities (Asia) |
| Qi Shi | BOCI Research Ltd. |
| Fiona Liang | BofA Global Research |