Ningbo Lehui International Engineering EquipmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Lehui International Engineering EquipmentLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥789.9M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are CN¥3.6B and CN¥2.2B respectively.
Key information
57.9%
Debt to equity ratio
CN¥789.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥544.27m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥3.56b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Earnings
Nov 07
Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Returns On Capital Not Reflecting Well On The Business
Sep 27Shareholders Can Be Confident That Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Earnings Are High Quality
May 03Ningbo Lehui International Engineering EquipmentLtd (SHSE:603076) Will Want To Turn Around Its Return Trends
Apr 17There's No Escaping Ningbo Lehui International Engineering Equipment Co.,Ltd's (SHSE:603076) Muted Revenues Despite A 31% Share Price Rise
Mar 06Financial Position Analysis
Short Term Liabilities: 603076's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 603076's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥76.3M).
Debt to Equity History and Analysis
Debt Level: 603076's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 603076's debt to equity ratio has increased from 36.5% to 57.9% over the past 5 years.
Debt Coverage: 603076's debt is well covered by operating cash flow (35.3%).
Interest Coverage: Insufficient data to determine if 603076's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:01 |
| End of Day Share Price | 2024/12/25 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
Ningbo Lehui International Engineering Equipment Co.,Ltd is covered by 2 analysts. 1 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 |
|---|---|
| Ya Jiang | Citic Securities Co., Ltd. |
| Jinsong Fan | Zhongtai Securities Co. Ltd. |