Chengdu Xinzhu Road&Bridge MachineryLTD Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu Xinzhu Road&Bridge MachineryLTD has a total shareholder equity of CN¥2.4B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 312.2%. Its total assets and total liabilities are CN¥14.7B and CN¥12.3B respectively. Chengdu Xinzhu Road&Bridge MachineryLTD's EBIT is CN¥100.8M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥1.4B.
Key information
312.2%
Debt to equity ratio
CN¥7.52b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥1.36b |
| Equity | CN¥2.41b |
| Total liabilities | CN¥12.33b |
| Total assets | CN¥14.74b |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From Chengdu Xinzhu Road&Bridge Machinery Co.,LTD's (SZSE:002480) 28% Share Price Climb
Nov 12
The Market Lifts Chengdu Xinzhu Road&Bridge Machinery Co.,LTD (SZSE:002480) Shares 27% But It Can Do More
Sep 16Chengdu Xinzhu Road&Bridge Machinery Co.,LTD's (SZSE:002480) Shares Not Telling The Full Story
Aug 01Chengdu Xinzhu Road&Bridge Machinery Co.,LTD (SZSE:002480) Held Back By Insufficient Growth Even After Shares Climb 29%
Mar 07Financial Position Analysis
Short Term Liabilities: 002480's short term assets (CN¥6.1B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 002480's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 002480's net debt to equity ratio (255.7%) is considered high.
Reducing Debt: 002480's debt to equity ratio has increased from 104.3% to 312.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002480 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002480 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 25% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 17:45 |
| End of Day Share Price | 2025/01/10 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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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 .
Analyst Sources
Chengdu Xinzhu Road&Bridge Machinery Co.,LTD is covered by 4 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| DaJun Li | Founder Securities Co., Ltd. |
| Yong Hui Wang | Guotai Junan Securities |