Mengtian Home Group Inc.

SHSE:603216 Stock Report

Market Cap: CN¥2.5b

Mengtian Home Group Balance Sheet Health

Financial Health criteria checks 6/6

Mengtian Home Group has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥505.1M respectively. Mengtian Home Group's EBIT is CN¥62.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥1.4B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-1.8x
CashCN¥1.45b
EquityCN¥1.76b
Total liabilitiesCN¥505.07m
Total assetsCN¥2.26b

Recent financial health updates

No updates

Recent updates

Returns On Capital At Mengtian Home Group (SHSE:603216) Paint A Concerning Picture

Dec 13
Returns On Capital At Mengtian Home Group (SHSE:603216) Paint A Concerning Picture

Weak Statutory Earnings May Not Tell The Whole Story For Mengtian Home Group (SHSE:603216)

Nov 04
Weak Statutory Earnings May Not Tell The Whole Story For Mengtian Home Group (SHSE:603216)

Mengtian Home Group's (SHSE:603216) Conservative Accounting Might Explain Soft Earnings

May 06
Mengtian Home Group's (SHSE:603216) Conservative Accounting Might Explain Soft Earnings

A Look At The Intrinsic Value Of Mengtian Home Group Inc. (SHSE:603216)

Apr 10
A Look At The Intrinsic Value Of Mengtian Home Group Inc. (SHSE:603216)

Financial Position Analysis

Short Term Liabilities: 603216's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥495.4M).

Long Term Liabilities: 603216's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥9.7M).


Debt to Equity History and Analysis

Debt Level: 603216 is debt free.

Reducing Debt: 603216 has no debt compared to 5 years ago when its debt to equity ratio was 15.8%.

Debt Coverage: 603216 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603216 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:41
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Mengtian Home Group Inc. 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.

AnalystInstitution
Jiangbin RongChina International Capital Corporation Limited
Zhangxiang FanTianfeng Securities Brokerage Co., Ltd