Taiyuan Heavy Industry Co., Ltd.

XSSC:600169 Stock Report

Market Cap: CN¥6.5b

Taiyuan Heavy Industry Balance Sheet Health

Financial Health criteria checks 3/6

Taiyuan Heavy Industry has a total shareholder equity of CN¥6.5B and total debt of CN¥15.2B, which brings its debt-to-equity ratio to 232.1%. Its total assets and total liabilities are CN¥32.6B and CN¥26.1B respectively. Taiyuan Heavy Industry's EBIT is CN¥565.2M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥2.1B.

Key information

232.1%

Debt to equity ratio

CN¥15.18b

Debt

Interest coverage ratio1.6x
CashCN¥2.08b
EquityCN¥6.54b
Total liabilitiesCN¥26.08b
Total assetsCN¥32.62b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600169's short term assets (CN¥22.1B) exceed its short term liabilities (CN¥17.7B).

Long Term Liabilities: 600169's short term assets (CN¥22.1B) exceed its long term liabilities (CN¥8.4B).


Debt to Equity History and Analysis

Debt Level: 600169's net debt to equity ratio (200.2%) is considered high.

Reducing Debt: 600169's debt to equity ratio has reduced from 310.3% to 232.1% over the past 5 years.

Debt Coverage: 600169's debt is not well covered by operating cash flow (2.3%).

Interest Coverage: 600169's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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