Linzhou Heavy Machinery GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Linzhou Heavy Machinery GroupLtd has a total shareholder equity of CN¥690.4M and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 241.9%. Its total assets and total liabilities are CN¥4.4B and CN¥3.7B respectively. Linzhou Heavy Machinery GroupLtd's EBIT is CN¥365.4M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥302.7M.
Key information
241.9%
Debt to equity ratio
CN¥1.67b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥302.73m |
| Equity | CN¥690.44m |
| Total liabilities | CN¥3.74b |
| Total assets | CN¥4.43b |
Recent financial health updates
No updates
Recent updates
Do Linzhou Heavy Machinery GroupLtd's (SZSE:002535) Earnings Warrant Your Attention?
Dec 24
Shareholders Would Enjoy A Repeat Of Linzhou Heavy Machinery GroupLtd's (SZSE:002535) Recent Growth In Returns
Dec 02Statutory Profit Doesn't Reflect How Good Linzhou Heavy Machinery GroupLtd's (SZSE:002535) Earnings Are
Nov 06Linzhou Heavy Machinery Group Co.,Ltd's (SZSE:002535) Share Price Is Matching Sentiment Around Its Earnings
Oct 01Returns On Capital Are A Standout For Linzhou Heavy Machinery GroupLtd (SZSE:002535)
Jul 02Linzhou Heavy Machinery Group Co.,Ltd (SZSE:002535) Might Not Be As Mispriced As It Looks After Plunging 27%
Jun 06Is Now The Time To Put Linzhou Heavy Machinery GroupLtd (SZSE:002535) On Your Watchlist?
May 25Financial Position Analysis
Short Term Liabilities: 002535's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002535's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥765.7M).
Debt to Equity History and Analysis
Debt Level: 002535's net debt to equity ratio (198.1%) is considered high.
Reducing Debt: 002535's debt to equity ratio has increased from 59.4% to 241.9% over the past 5 years.
Debt Coverage: 002535's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 002535's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:08 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Linzhou Heavy Machinery Group Co.,Ltd is covered by 12 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 |
|---|---|
| Jun Zheng Li | Avic Securities Co., Ltd |
| Min Xu | Central China Securities Co., Ltd. |
| Yuanrui Liu | Changjiang Securities Co. LTD. |