Xiangtan Yongda Machinery Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Xiangtan Yongda Machinery Manufacturing has a total shareholder equity of CN¥1.3B and total debt of CN¥556.5M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥2.2B and CN¥888.9M respectively. Xiangtan Yongda Machinery Manufacturing's EBIT is CN¥88.4M making its interest coverage ratio 21. It has cash and short-term investments of CN¥509.4M.
Key information
43.8%
Debt to equity ratio
CN¥556.45m
Debt
| Interest coverage ratio | 21x |
| Cash | CN¥509.41m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥888.89m |
| Total assets | CN¥2.16b |
Recent financial health updates
Recent updates
Xiangtan Yongda Machinery Manufacturing's (SZSE:001239) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05
Xiangtan Yongda Machinery Manufacturing (SZSE:001239) Takes On Some Risk With Its Use Of Debt
Oct 02Earnings Troubles May Signal Larger Issues for Xiangtan Yongda Machinery Manufacturing (SZSE:001239) Shareholders
May 05Financial Position Analysis
Short Term Liabilities: 001239's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥599.0M).
Long Term Liabilities: 001239's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥289.9M).
Debt to Equity History and Analysis
Debt Level: 001239's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 001239's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001239's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001239's interest payments on its debt are well covered by EBIT (21x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:28 |
| End of Day Share Price | 2024/12/24 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
Xiangtan Yongda Machinery Manufacturing Co., Ltd. is covered by 0 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.
| Analyst | Institution |
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