Zhuzhou Kibing GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhuzhou Kibing GroupLtd has a total shareholder equity of CN¥14.8B and total debt of CN¥14.3B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are CN¥35.4B and CN¥20.6B respectively. Zhuzhou Kibing GroupLtd's EBIT is CN¥1.6B making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥3.5B.
Key information
96.7%
Debt to equity ratio
CN¥14.31b
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥3.46b |
| Equity | CN¥14.80b |
| Total liabilities | CN¥20.63b |
| Total assets | CN¥35.44b |
Recent financial health updates
Does Zhuzhou Kibing GroupLtd (SHSE:601636) Have A Healthy Balance Sheet?
Oct 16
We Think Zhuzhou Kibing GroupLtd (SHSE:601636) Is Taking Some Risk With Its Debt
Jun 21Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Zhuzhou Kibing GroupLtd (SHSE:601636)
Nov 05Does Zhuzhou Kibing GroupLtd (SHSE:601636) Have A Healthy Balance Sheet?
Oct 16Investors Aren't Buying Zhuzhou Kibing Group Co.,Ltd's (SHSE:601636) Earnings
Oct 01Zhuzhou Kibing GroupLtd (SHSE:601636) Might Be Having Difficulty Using Its Capital Effectively
Sep 15Zhuzhou Kibing Group Co.,Ltd (SHSE:601636) Analysts Just Slashed This Year's Estimates
Aug 29Is There Now An Opportunity In Zhuzhou Kibing Group Co.,Ltd (SHSE:601636)?
Jul 12We Think Zhuzhou Kibing GroupLtd (SHSE:601636) Is Taking Some Risk With Its Debt
Jun 21Zhuzhou Kibing Group Co.,Ltd's (SHSE:601636) Shares Lagging The Market But So Is The Business
Jun 05The Returns On Capital At Zhuzhou Kibing GroupLtd (SHSE:601636) Don't Inspire Confidence
May 21Additional Considerations Required While Assessing Zhuzhou Kibing GroupLtd's (SHSE:601636) Strong Earnings
May 01Why Zhuzhou Kibing Group Co.,Ltd (SHSE:601636) Could Be Worth Watching
Feb 28Financial Position Analysis
Short Term Liabilities: 601636's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 601636's short term assets (CN¥10.2B) do not cover its long term liabilities (CN¥12.7B).
Debt to Equity History and Analysis
Debt Level: 601636's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: 601636's debt to equity ratio has increased from 41.2% to 96.7% over the past 5 years.
Debt Coverage: 601636's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 601636's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 23:08 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Zhuzhou Kibing Group Co.,Ltd is covered by 23 analysts. 12 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 |
|---|---|
| Qin Wang | BOCI Research Ltd. |
| Edward Leung | BofA Global Research |
| Chao Fan | Changjiang Securities Co. LTD. |