Sichuan Road & Bridge GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Road & Bridge GroupLtd has a total shareholder equity of CN¥51.3B and total debt of CN¥87.9B, which brings its debt-to-equity ratio to 171.5%. Its total assets and total liabilities are CN¥250.7B and CN¥199.4B respectively. Sichuan Road & Bridge GroupLtd's EBIT is CN¥10.5B making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥17.9B.
Key information
171.5%
Debt to equity ratio
CN¥87.91b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥17.91b |
| Equity | CN¥51.27b |
| Total liabilities | CN¥199.44b |
| Total assets | CN¥250.71b |
Recent financial health updates
Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?
Aug 26
Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet
May 21Recent updates
Calculating The Intrinsic Value Of Sichuan Road & Bridge Group Co.,Ltd (SHSE:600039)
Nov 27Investors Aren't Buying Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Earnings
Sep 30Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?
Aug 26Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Business And Shares Still Trailing The Market
Jun 24Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet
May 21Sichuan Road & Bridge Group Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 26Calculating The Fair Value Of Sichuan Road & Bridge Co.,Ltd (SHSE:600039)
Apr 18Financial Position Analysis
Short Term Liabilities: 600039's short term assets (CN¥150.4B) exceed its short term liabilities (CN¥124.5B).
Long Term Liabilities: 600039's short term assets (CN¥150.4B) exceed its long term liabilities (CN¥75.0B).
Debt to Equity History and Analysis
Debt Level: 600039's net debt to equity ratio (136.5%) is considered high.
Reducing Debt: 600039's debt to equity ratio has reduced from 259.1% to 171.5% over the past 5 years.
Debt Coverage: 600039's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600039's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:49 |
| End of Day Share Price | 2024/12/20 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
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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
Sichuan Road & Bridge Group Co.,Ltd is covered by 11 analysts. 4 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 |
|---|---|
| Hongying Zuo | AJ Securities Co., Ltd |
| Xian Gong Ren | Bohai Securities Co., Ltd. |
| Henghui Shi | Changjiang Securities Co. LTD. |