Lanzhou LS Heavy Equipment Co., Ltd

SHSE:603169 Stock Report

Market Cap: CN¥7.4b

Lanzhou LS Heavy Equipment Balance Sheet Health

Financial Health criteria checks 4/6

Lanzhou LS Heavy Equipment has a total shareholder equity of CN¥3.5B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are CN¥13.0B and CN¥9.6B respectively. Lanzhou LS Heavy Equipment's EBIT is CN¥249.5M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥1.7B.

Key information

112.3%

Debt to equity ratio

CN¥3.89b

Debt

Interest coverage ratio7.7x
CashCN¥1.75b
EquityCN¥3.46b
Total liabilitiesCN¥9.58b
Total assetsCN¥13.03b

Recent financial health updates

Recent updates

Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) 27% Jump Shows Its Popularity With Investors

Oct 23
Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) 27% Jump Shows Its Popularity With Investors

We Think Lanzhou LS Heavy Equipment (SHSE:603169) Is Taking Some Risk With Its Debt

Aug 01
We Think Lanzhou LS Heavy Equipment (SHSE:603169) Is Taking Some Risk With Its Debt

Why Lanzhou LS Heavy Equipment's (SHSE:603169) Shaky Earnings Are Just The Beginning Of Its Problems

May 06
Why Lanzhou LS Heavy Equipment's (SHSE:603169) Shaky Earnings Are Just The Beginning Of Its Problems

At CN¥4.99, Is It Time To Put Lanzhou LS Heavy Equipment Co., Ltd (SHSE:603169) On Your Watch List?

Apr 18
At CN¥4.99, Is It Time To Put Lanzhou LS Heavy Equipment Co., Ltd (SHSE:603169) On Your Watch List?

Lanzhou LS Heavy Equipment (SHSE:603169) Is Doing The Right Things To Multiply Its Share Price

Mar 28
Lanzhou LS Heavy Equipment (SHSE:603169) Is Doing The Right Things To Multiply Its Share Price

Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) P/E Still Appears To Be Reasonable

Mar 01
Lanzhou LS Heavy Equipment Co., Ltd's (SHSE:603169) P/E Still Appears To Be Reasonable

Financial Position Analysis

Short Term Liabilities: 603169's short term assets (CN¥8.5B) exceed its short term liabilities (CN¥7.6B).

Long Term Liabilities: 603169's short term assets (CN¥8.5B) exceed its long term liabilities (CN¥2.0B).


Debt to Equity History and Analysis

Debt Level: 603169's net debt to equity ratio (61.8%) is considered high.

Reducing Debt: 603169's debt to equity ratio has reduced from 173% to 112.3% over the past 5 years.

Debt Coverage: 603169's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 603169's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


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