Liaoning Cheng Da Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Cheng Da has a total shareholder equity of CN¥32.1B and total debt of CN¥15.2B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥48.5B and CN¥16.4B respectively.
Key information
47.2%
Debt to equity ratio
CN¥15.16b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.71b |
| Equity | CN¥32.14b |
| Total liabilities | CN¥16.36b |
| Total assets | CN¥48.51b |
Recent financial health updates
Is Liaoning Cheng Da (SHSE:600739) A Risky Investment?
Sep 25
Here's Why Liaoning Cheng Da (SHSE:600739) Can Afford Some Debt
Jun 04Recent updates
There May Be Some Bright Spots In Liaoning Cheng Da's (SHSE:600739) Earnings
Nov 11Returns On Capital At Liaoning Cheng Da (SHSE:600739) Paint A Concerning Picture
Oct 18Liaoning Cheng Da Co., Ltd.'s (SHSE:600739) 35% Share Price Surge Not Quite Adding Up
Sep 27Is Liaoning Cheng Da (SHSE:600739) A Risky Investment?
Sep 25Investor Optimism Abounds Liaoning Cheng Da Co., Ltd. (SHSE:600739) But Growth Is Lacking
Jul 01Here's Why Liaoning Cheng Da (SHSE:600739) Can Afford Some Debt
Jun 04Some May Be Optimistic About Liaoning Cheng Da's (SHSE:600739) Earnings
May 06Liaoning Cheng Da (SHSE:600739) Has Some Way To Go To Become A Multi-Bagger
Apr 24Liaoning Cheng Da Co., Ltd.'s (SHSE:600739) Earnings Are Not Doing Enough For Some Investors
Mar 05Financial Position Analysis
Short Term Liabilities: 600739's short term assets (CN¥12.0B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 600739's short term assets (CN¥12.0B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 600739's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 600739's debt to equity ratio has reduced from 52.9% to 47.2% over the past 5 years.
Debt Coverage: 600739's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 600739's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:10 |
| 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 |
| |
| 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
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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
Liaoning Cheng Da Co., Ltd. is covered by 6 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.
| Analyst | Institution |
|---|---|
| Jun Liu | Changjiang Securities Co. LTD. |
| null Research Department | Guotai Junan International Holdings Limited |
| Yi Luo | Huatai Research |