Shanxi Guoxin Energy Balance Sheet Health
Financial Health criteria checks 1/6
Shanxi Guoxin Energy has a total shareholder equity of CN¥3.9B and total debt of CN¥18.9B, which brings its debt-to-equity ratio to 486.7%. Its total assets and total liabilities are CN¥27.2B and CN¥23.3B respectively. Shanxi Guoxin Energy's EBIT is CN¥500.1M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥2.7B.
Key information
486.7%
Debt to equity ratio
CN¥18.95b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥2.65b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥23.30b |
| Total assets | CN¥27.20b |
Recent financial health updates
Recent updates
Is Shanxi Guoxin Energy (SHSE:600617) Using Too Much Debt?
Dec 24
If EPS Growth Is Important To You, Shanxi Guoxin Energy (SHSE:600617) Presents An Opportunity
Dec 06Solid Earnings May Not Tell The Whole Story For Shanxi Guoxin Energy (SHSE:600617)
Nov 06Shanxi Guoxin Energy Corporation Limited's (SHSE:600617) Business Is Yet to Catch Up With Its Share Price
Oct 24Even With A 31% Surge, Cautious Investors Are Not Rewarding Shanxi Guoxin Energy Corporation Limited's (SHSE:600617) Performance Completely
May 21There May Be Underlying Issues With The Quality Of Shanxi Guoxin Energy's (SHSE:600617) Earnings
May 07Shanxi Guoxin Energy's (SHSE:600617) Returns On Capital Not Reflecting Well On The Business
Apr 17Financial Position Analysis
Short Term Liabilities: 600617's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥7.6B).
Long Term Liabilities: 600617's short term assets (CN¥5.5B) do not cover its long term liabilities (CN¥15.7B).
Debt to Equity History and Analysis
Debt Level: 600617's net debt to equity ratio (418.5%) is considered high.
Reducing Debt: 600617's debt to equity ratio has reduced from 497.4% to 486.7% over the past 5 years.
Debt Coverage: 600617's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 600617's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/11 20:59 |
| End of Day Share Price | 2025/03/11 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.
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 Github.
Analyst Sources
Shanxi Guoxin Energy Corporation Limited is covered by 4 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 |
|---|---|
| Peng Hou | China Merchants Securities Co. Ltd. |
| Wayne He | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Yong Deng | Haitong Securities Co., Ltd. |