Xiamen XGMA Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen XGMA Machinery has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥566.4M respectively. Xiamen XGMA Machinery's EBIT is CN¥13.1M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥283.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥283.53m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥566.42m |
| Total assets | CN¥2.31b |
Recent financial health updates
Recent updates
Xiamen XGMA Machinery (SHSE:600815) Has Debt But No Earnings; Should You Worry?
Feb 26
Subdued Growth No Barrier To Xiamen XGMA Machinery Company Limited (SHSE:600815) With Shares Advancing 26%
Dec 16Risks To Shareholder Returns Are Elevated At These Prices For Xiamen XGMA Machinery Company Limited (SHSE:600815)
Oct 28Xiamen XGMA Machinery Company Limited's (SHSE:600815) 27% Share Price Surge Not Quite Adding Up
Apr 12Financial Position Analysis
Short Term Liabilities: 600815's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥411.9M).
Long Term Liabilities: 600815's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥154.5M).
Debt to Equity History and Analysis
Debt Level: 600815 is debt free.
Reducing Debt: 600815 has no debt compared to 5 years ago when its debt to equity ratio was 49.8%.
Debt Coverage: 600815 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600815 has no debt, therefore 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 | 2025/05/06 03:29 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Xiamen XGMA Machinery Company Limited is covered by 7 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 |
|---|---|
| Charlotte Liu | BofA Global Research |
| null null | Changjiang Securities Co. LTD. |
| Rong Liu | China Merchants Securities Co. Ltd. |