FESCO Group Balance Sheet Health
Financial Health criteria checks 6/6
FESCO Group has a total shareholder equity of CN¥7.3B and total debt of CN¥330.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥17.1B and CN¥9.8B respectively. FESCO Group's EBIT is CN¥1.2B making its interest coverage ratio -14.3. It has cash and short-term investments of CN¥7.4B.
Key information
4.5%
Debt to equity ratio
CN¥330.00m
Debt
| Interest coverage ratio | -14.3x |
| Cash | CN¥7.39b |
| Equity | CN¥7.26b |
| Total liabilities | CN¥9.81b |
| Total assets | CN¥17.07b |
Recent financial health updates
We Think FESCO Group (SHSE:600861) Can Stay On Top Of Its Debt
Oct 15
Is FESCO Group (SHSE:600861) A Risky Investment?
May 23Recent updates
We Like These Underlying Return On Capital Trends At FESCO Group (SHSE:600861)
Nov 17We Think FESCO Group (SHSE:600861) Can Stay On Top Of Its Debt
Oct 15FESCO Group Co., Ltd. (SHSE:600861) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Sep 27There May Be Underlying Issues With The Quality Of FESCO Group's (SHSE:600861) Earnings
Aug 31FESCO Group Co., Ltd.'s (SHSE:600861) Revenues Are Not Doing Enough For Some Investors
Jul 31Returns On Capital Are Showing Encouraging Signs At FESCO Group (SHSE:600861)
Jul 12Is FESCO Group (SHSE:600861) A Risky Investment?
May 23Financial Position Analysis
Short Term Liabilities: 600861's short term assets (CN¥15.7B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 600861's short term assets (CN¥15.7B) exceed its long term liabilities (CN¥245.9M).
Debt to Equity History and Analysis
Debt Level: 600861 has more cash than its total debt.
Reducing Debt: 600861's debt to equity ratio has reduced from 21% to 4.5% over the past 5 years.
Debt Coverage: 600861's debt is well covered by operating cash flow (155.5%).
Interest Coverage: 600861 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:49 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
FESCO Group Co., Ltd. is covered by 10 analysts. 6 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 |
|---|---|
| Ximin Gu | China Galaxy Securities Co., Ltd. |
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |