Xinjiang Beixin Road & Bridge Group Balance Sheet Health
Financial Health criteria checks 1/6
Xinjiang Beixin Road & Bridge Group has a total shareholder equity of CN¥5.6B and total debt of CN¥38.3B, which brings its debt-to-equity ratio to 684.7%. Its total assets and total liabilities are CN¥57.0B and CN¥51.4B respectively. Xinjiang Beixin Road & Bridge Group's EBIT is CN¥1.0B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥4.4B.
Key information
684.7%
Debt to equity ratio
CN¥38.27b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥4.38b |
| Equity | CN¥5.59b |
| Total liabilities | CN¥51.39b |
| Total assets | CN¥56.98b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Xinjiang Beixin Road & Bridge Group (SZSE:002307) Is Using Debt In A Risky Way
Dec 11
Improved Revenues Required Before Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock's 30% Jump Looks Justified
Nov 08Return Trends At Xinjiang Beixin Road & Bridge Group (SZSE:002307) Aren't Appealing
Sep 30Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Aug 27Xinjiang Beixin Road & Bridge Group Co., Ltd's (SZSE:002307) Business And Shares Still Trailing The Industry
May 30Financial Position Analysis
Short Term Liabilities: 002307's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥14.1B).
Long Term Liabilities: 002307's short term assets (CN¥14.6B) do not cover its long term liabilities (CN¥37.3B).
Debt to Equity History and Analysis
Debt Level: 002307's net debt to equity ratio (606.4%) is considered high.
Reducing Debt: 002307's debt to equity ratio has increased from 318.8% to 684.7% over the past 5 years.
Debt Coverage: 002307's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002307's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:00 |
| End of Day Share Price | 2024/12/25 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
Xinjiang Beixin Road & Bridge Group Co., Ltd is covered by 7 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Yong Chao Xu | China Minzu Securities |
| ZHIRUI LI | First Capital Securities Co. LTD. |