Xiamen ITG GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen ITG GroupLtd has a total shareholder equity of CN¥40.5B and total debt of CN¥21.1B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥121.6B and CN¥81.1B respectively. Xiamen ITG GroupLtd's EBIT is CN¥1.0B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥20.0B.
Key information
52.2%
Debt to equity ratio
CN¥21.14b
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥19.99b |
| Equity | CN¥40.49b |
| Total liabilities | CN¥81.13b |
| Total assets | CN¥121.61b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Xiamen ITG GroupLtd (SHSE:600755) Shareholders
Nov 06
Market Still Lacking Some Conviction On Xiamen ITG Group Corp.,Ltd (SHSE:600755)
Aug 23A Look At The Intrinsic Value Of Xiamen ITG Group Corp.,Ltd (SHSE:600755)
Jul 22Xiamen ITG GroupLtd (SHSE:600755) Will Pay A Smaller Dividend Than Last Year
Jun 24Here's Why Xiamen ITG GroupLtd (SHSE:600755) Is Weighed Down By Its Debt Load
Jun 11Xiamen ITG GroupLtd's (SHSE:600755) Problems Go Beyond Weak Profit
May 06Returns At Xiamen ITG GroupLtd (SHSE:600755) Appear To Be Weighed Down
Apr 17Financial Position Analysis
Short Term Liabilities: 600755's short term assets (CN¥93.5B) exceed its short term liabilities (CN¥71.8B).
Long Term Liabilities: 600755's short term assets (CN¥93.5B) exceed its long term liabilities (CN¥9.4B).
Debt to Equity History and Analysis
Debt Level: 600755's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 600755's debt to equity ratio has reduced from 97.2% to 52.2% over the past 5 years.
Debt Coverage: 600755's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 600755 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 | 2025/01/03 20:14 |
| End of Day Share Price | 2025/01/03 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 |
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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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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
Xiamen ITG Group Corp.,Ltd is covered by 8 analysts. 3 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 |
|---|---|
| Dong Pu | Changjiang Securities Co. LTD. |
| Xiaofang Xu | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |