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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 21:05 |
| End of Day Share Price | 2025/03/17 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.
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 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. |