Noblelift Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Noblelift Intelligent EquipmentLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are CN¥8.8B and CN¥5.7B respectively. Noblelift Intelligent EquipmentLtd's EBIT is CN¥531.4M making its interest coverage ratio -36.4. It has cash and short-term investments of CN¥1.2B.
Key information
36.38%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | -36.4x |
| Cash | CN¥1.17b |
| Equity | CN¥3.12b |
| Total liabilities | CN¥5.69b |
| Total assets | CN¥8.81b |
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
Improved Earnings Required Before Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) Shares Find Their Feet
Jan 06Does 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¥6.6B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 603611's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥590.7M).
Debt to Equity History and Analysis
Debt Level: 603611 has more cash than its total debt.
Reducing Debt: 603611's debt to equity ratio has reduced from 43.8% to 36.4% over the past 5 years.
Debt Coverage: 603611's debt is well covered by operating cash flow (58.2%).
Interest Coverage: 603611 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/01 10:31 |
| End of Day Share Price | 2025/05/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Noblelift Intelligent Equipment Co.,Ltd. is covered by 3 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 |
|---|---|
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Jing Zou | China International Capital Corporation Limited |