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¥84.8M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥2.4B and CN¥631.3M respectively.
Key information
4.9%
Debt to equity ratio
CN¥84.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥493.55m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥631.26m |
| Total assets | CN¥2.38b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Xiamen XGMA Machinery Company Limited (SHSE:600815) With Shares Advancing 26%
Dec 16
Risks 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¥1.8B) exceed its short term liabilities (CN¥474.3M).
Long Term Liabilities: 600815's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥157.0M).
Debt to Equity History and Analysis
Debt Level: 600815 has more cash than its total debt.
Reducing Debt: 600815 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600815 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600815 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:07 |
| 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 |
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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
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. |