Xinjiang Beixin Road & Bridge Group Co., Ltd

SZSE:002307 Stock Report

Market Cap: CN¥5.3b

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 ratio1.2x
CashCN¥4.38b
EquityCN¥5.59b
Total liabilitiesCN¥51.39b
Total assetsCN¥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
These 4 Measures Indicate That Xinjiang Beixin Road & Bridge Group (SZSE:002307) Is Using Debt In A Risky Way

Improved Revenues Required Before Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock's 30% Jump Looks Justified

Nov 08
Improved Revenues Required Before Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock's 30% Jump Looks Justified

Return Trends At Xinjiang Beixin Road & Bridge Group (SZSE:002307) Aren't Appealing

Sep 30
Return Trends At Xinjiang Beixin Road & Bridge Group (SZSE:002307) Aren't Appealing

Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Aug 27
Xinjiang Beixin Road & Bridge Group Co., Ltd (SZSE:002307) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Xinjiang Beixin Road & Bridge Group Co., Ltd's (SZSE:002307) Business And Shares Still Trailing The Industry

May 30
Xinjiang Beixin Road & Bridge Group Co., Ltd's (SZSE:002307) Business And Shares Still Trailing The Industry

Financial 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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