Changbai Mountain Tourism Balance Sheet Health
Financial Health criteria checks 6/6
Changbai Mountain Tourism has a total shareholder equity of CN¥1.2B and total debt of CN¥68.6M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.4B and CN¥213.5M respectively. Changbai Mountain Tourism's EBIT is CN¥191.8M making its interest coverage ratio -305.2. It has cash and short-term investments of CN¥294.5M.
Key information
5.9%
Debt to equity ratio
CN¥68.56m
Debt
| Interest coverage ratio | -305.2x |
| Cash | CN¥294.55m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥213.45m |
| Total assets | CN¥1.38b |
Recent financial health updates
Does Changbai Mountain Tourism (SHSE:603099) Have A Healthy Balance Sheet?
Oct 18
We Think Changbai Mountain Tourism (SHSE:603099) Can Stay On Top Of Its Debt
May 21Recent updates
Subdued Growth No Barrier To Changbai Mountain Tourism Co., Ltd. (SHSE:603099) With Shares Advancing 35%
Dec 13Investors Will Want Changbai Mountain Tourism's (SHSE:603099) Growth In ROCE To Persist
Nov 17Earnings Tell The Story For Changbai Mountain Tourism Co., Ltd. (SHSE:603099) As Its Stock Soars 35%
Oct 21Does Changbai Mountain Tourism (SHSE:603099) Have A Healthy Balance Sheet?
Oct 18Do Changbai Mountain Tourism's (SHSE:603099) Earnings Warrant Your Attention?
Sep 30Changbai Mountain Tourism Co., Ltd.'s (SHSE:603099) Intrinsic Value Is Potentially 23% Below Its Share Price
Jul 22Changbai Mountain Tourism (SHSE:603099) Is Experiencing Growth In Returns On Capital
Jul 03What Changbai Mountain Tourism Co., Ltd.'s (SHSE:603099) P/S Is Not Telling You
Jun 11We Think Changbai Mountain Tourism (SHSE:603099) Can Stay On Top Of Its Debt
May 21Financial Position Analysis
Short Term Liabilities: 603099's short term assets (CN¥427.4M) exceed its short term liabilities (CN¥157.9M).
Long Term Liabilities: 603099's short term assets (CN¥427.4M) exceed its long term liabilities (CN¥55.5M).
Debt to Equity History and Analysis
Debt Level: 603099 has more cash than its total debt.
Reducing Debt: 603099's debt to equity ratio has reduced from 10.7% to 5.9% over the past 5 years.
Debt Coverage: 603099's debt is well covered by operating cash flow (321.9%).
Interest Coverage: 603099 earns more interest than it pays, so 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 | 2024/12/27 08:38 |
| End of Day Share Price | 2024/12/27 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
Changbai Mountain Tourism Co., Ltd. is covered by 8 analysts. 3 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 |
|---|---|
| Gang Zhao | Changjiang Securities Co. LTD. |
| Ximin Gu | China Galaxy Securities Co., Ltd. |
| Wei He | China International Capital Corporation Limited |