Shandong Yulong Gold Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Yulong Gold has a total shareholder equity of CN¥3.6B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are CN¥9.8B and CN¥6.2B respectively. Shandong Yulong Gold's EBIT is CN¥765.0M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥527.3M.
Key information
122.7%
Debt to equity ratio
CN¥4.44b
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥527.35m |
| Equity | CN¥3.62b |
| Total liabilities | CN¥6.23b |
| Total assets | CN¥9.85b |
Recent financial health updates
Shandong Yulong Gold (SHSE:601028) Seems To Use Debt Quite Sensibly
Jul 28
These 4 Measures Indicate That Shandong Yulong Gold (SHSE:601028) Is Using Debt Reasonably Well
Mar 29Recent updates
Shandong Yulong Gold (SHSE:601028) Is Doing The Right Things To Multiply Its Share Price
Nov 21Sentiment Still Eluding Shandong Yulong Gold Co., Ltd. (SHSE:601028)
Sep 23Shandong Yulong Gold's (SHSE:601028) Returns On Capital Are Heading Higher
Aug 15Shandong Yulong Gold (SHSE:601028) Seems To Use Debt Quite Sensibly
Jul 28Shandong Yulong Gold's (SHSE:601028) Upcoming Dividend Will Be Larger Than Last Year's
Jul 01Shandong Yulong Gold (SHSE:601028) Strong Profits May Be Masking Some Underlying Issues
Apr 23These 4 Measures Indicate That Shandong Yulong Gold (SHSE:601028) Is Using Debt Reasonably Well
Mar 29Improved Earnings Required Before Shandong Yulong Gold Co., Ltd. (SHSE:601028) Stock's 27% Jump Looks Justified
Mar 05Financial Position Analysis
Short Term Liabilities: 601028's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 601028's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥751.8M).
Debt to Equity History and Analysis
Debt Level: 601028's net debt to equity ratio (108.1%) is considered high.
Reducing Debt: 601028's debt to equity ratio has increased from 0% to 122.7% over the past 5 years.
Debt Coverage: 601028's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601028's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:29 |
| End of Day Share Price | 2024/12/27 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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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
Shandong Yulong Gold Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Shi Bao Zhang | China Merchants Securities Co. Ltd. |
| Bin Li | Huatai Research |