China National Gold Group Gold JewelleryLtd Balance Sheet Health
Financial Health criteria checks 6/6
China National Gold Group Gold JewelleryLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥12.5B and CN¥5.0B respectively. China National Gold Group Gold JewelleryLtd's EBIT is CN¥1.7B making its interest coverage ratio 548.1. It has cash and short-term investments of CN¥5.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 548.1x |
| Cash | CN¥5.65b |
| Equity | CN¥7.47b |
| Total liabilities | CN¥4.98b |
| Total assets | CN¥12.45b |
Recent financial health updates
No updates
Recent updates
China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
Nov 05
China National Gold Group Gold JewelleryLtd (SHSE:600916) Might Become A Compounding Machine
Sep 26Is China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 12Should You Think About Buying China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Now?
Jun 17China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value
May 27China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
May 06Investors Don't See Light At End Of China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Tunnel
Mar 28Financial Position Analysis
Short Term Liabilities: 600916's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 600916's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥237.5M).
Debt to Equity History and Analysis
Debt Level: 600916 is debt free.
Reducing Debt: 600916 had no debt 5 years ago.
Debt Coverage: 600916 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600916 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 05:49 |
| End of Day Share Price | 2024/12/20 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
China National Gold Group Gold Jewellery Co.,Ltd. is covered by 8 analysts. 4 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 |
|---|---|
| Weixuan Zhen | China Galaxy Securities Co., Ltd. |
| Yifan Du | Citic Securities Co., Ltd. |
| Hao Jiang | Everbright Securities Co. Ltd. |