Noblelift Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Noblelift Intelligent EquipmentLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥9.1B and CN¥6.2B respectively. Noblelift Intelligent EquipmentLtd's EBIT is CN¥554.1M making its interest coverage ratio 355.8. It has cash and short-term investments of CN¥1.2B.
Key information
55.9%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | 355.8x |
| Cash | CN¥1.23b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥6.20b |
| Total assets | CN¥9.09b |
Recent financial health updates
Does Noblelift Intelligent EquipmentLtd (SHSE:603611) Have A Healthy Balance Sheet?
Dec 18
Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet
May 28Recent updates
Does Noblelift Intelligent EquipmentLtd (SHSE:603611) Have A Healthy Balance Sheet?
Dec 18Noblelift Intelligent EquipmentLtd's (SHSE:603611) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 06Earnings Working Against Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Share Price
Sep 30We Like These Underlying Return On Capital Trends At Noblelift Intelligent EquipmentLtd (SHSE:603611)
Jun 26Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet
May 28Noblelift Intelligent EquipmentLtd's (SHSE:603611) Solid Profits Have Weak Fundamentals
Apr 24Are Investors Undervaluing Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) By 36%?
Apr 03Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04Financial Position Analysis
Short Term Liabilities: 603611's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 603611's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥652.6M).
Debt to Equity History and Analysis
Debt Level: 603611's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 603611's debt to equity ratio has increased from 33.1% to 55.9% over the past 5 years.
Debt Coverage: 603611's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 603611's interest payments on its debt are well covered by EBIT (355.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:19 |
| End of Day Share Price | 2024/12/30 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
Noblelift Intelligent Equipment Co.,Ltd. is covered by 10 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 |
|---|---|
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Xianfan Chen | China International Capital Corporation Limited |