Sichuan Zigong Conveying Machine Group Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Zigong Conveying Machine Group has a total shareholder equity of CN¥2.1B and total debt of CN¥664.3M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are CN¥4.0B and CN¥1.8B respectively. Sichuan Zigong Conveying Machine Group's EBIT is CN¥143.5M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥1.5B.
Key information
31.6%
Debt to equity ratio
CN¥664.32m
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥1.45b |
| Equity | CN¥2.10b |
| Total liabilities | CN¥1.85b |
| Total assets | CN¥3.95b |
Recent financial health updates
No updates
Recent updates
Sichuan Zigong Conveying Machine Group (SZSE:001288) Strong Profits May Be Masking Some Underlying Issues
Nov 05
Sichuan Zigong Conveying Machine Group (SZSE:001288) May Have Issues Allocating Its Capital
Sep 28Solid Earnings May Not Tell The Whole Story For Sichuan Zigong Conveying Machine Group (SZSE:001288)
Apr 25Sichuan Zigong Conveying Machine Group Co., Ltd.'s (SZSE:001288) Shares Climb 29% But Its Business Is Yet to Catch Up
Apr 02There Are Reasons To Feel Uneasy About Sichuan Zigong Conveying Machine Group's (SZSE:001288) Returns On Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 001288's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 001288's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥746.2M).
Debt to Equity History and Analysis
Debt Level: 001288 has more cash than its total debt.
Reducing Debt: 001288's debt to equity ratio has increased from 3.5% to 31.6% over the past 5 years.
Debt Coverage: 001288's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001288's interest payments on its debt are well covered by EBIT (8.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:13 |
| End of Day Share Price | 2024/12/20 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
Sichuan Zigong Conveying Machine Group 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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