Changjiang & Jinggong Steel Building (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Changjiang & Jinggong Steel Building (Group) has a total shareholder equity of CN¥8.9B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are CN¥24.1B and CN¥15.2B respectively. Changjiang & Jinggong Steel Building (Group)'s EBIT is CN¥461.1M making its interest coverage ratio 16.3. It has cash and short-term investments of CN¥4.9B.
Key information
39.5%
Debt to equity ratio
CN¥3.53b
Debt
| Interest coverage ratio | 16.3x |
| Cash | CN¥4.92b |
| Equity | CN¥8.92b |
| Total liabilities | CN¥15.23b |
| Total assets | CN¥24.15b |
Recent financial health updates
No updates
Recent updates
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Will Want To Turn Around Its Return Trends
Oct 28Investors Aren't Buying Changjiang & Jinggong Steel Building (Group) Co., Ltd's (SHSE:600496) Earnings
Sep 26Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Problems Go Beyond Weak Profit
Apr 25Financial Position Analysis
Short Term Liabilities: 600496's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥12.6B).
Long Term Liabilities: 600496's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600496 has more cash than its total debt.
Reducing Debt: 600496's debt to equity ratio has reduced from 41.7% to 39.5% over the past 5 years.
Debt Coverage: 600496's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 600496's interest payments on its debt are well covered by EBIT (16.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:19 |
| End of Day Share Price | 2024/12/24 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Changjiang & Jinggong Steel Building (Group) Co., Ltd is covered by 17 analysts. 5 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 |
|---|---|
| Chunhui Bi | Changjiang Securities Co. LTD. |
| Qing Gong | China International Capital Corporation Limited |
| Jianping PAN | Citic Securities Co., Ltd. |