Longjian Road&BridgeLtd Balance Sheet Health
Financial Health criteria checks 3/6
Longjian Road&BridgeLtd has a total shareholder equity of CN¥6.2B and total debt of CN¥14.9B, which brings its debt-to-equity ratio to 238.6%. Its total assets and total liabilities are CN¥35.9B and CN¥29.6B respectively. Longjian Road&BridgeLtd's EBIT is CN¥811.8M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥3.8B.
Key information
238.6%
Debt to equity ratio
CN¥14.91b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥3.81b |
| Equity | CN¥6.25b |
| Total liabilities | CN¥29.63b |
| Total assets | CN¥35.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600853's short term assets (CN¥19.9B) do not cover its short term liabilities (CN¥20.7B).
Long Term Liabilities: 600853's short term assets (CN¥19.9B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 600853's net debt to equity ratio (177.6%) is considered high.
Reducing Debt: 600853's debt to equity ratio has reduced from 389.9% to 238.6% over the past 5 years.
Debt Coverage: 600853's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 600853's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:11 |
| 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
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Analyst Sources
Longjian Road&Bridge Co.,Ltd is covered by 2 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Zhang Ping | Huatai Research |