Shanxi Lu'an Environmental Energy Development Balance Sheet Health
Financial Health criteria checks 6/6
Shanxi Lu'an Environmental Energy Development has a total shareholder equity of CN¥49.0B and total debt of CN¥19.9M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥92.7B and CN¥43.7B respectively. Shanxi Lu'an Environmental Energy Development's EBIT is CN¥5.9B making its interest coverage ratio -893.5. It has cash and short-term investments of CN¥23.1B.
Key information
0.04%
Debt to equity ratio
CN¥19.90m
Debt
| Interest coverage ratio | -893.5x |
| Cash | CN¥23.08b |
| Equity | CN¥49.01b |
| Total liabilities | CN¥43.73b |
| Total assets | CN¥92.73b |
Recent financial health updates
Shanxi Lu'an Environmental Energy Development (SHSE:601699) Has A Pretty Healthy Balance Sheet
Sep 18
Here's Why Shanxi Lu'an Environmental Energy Development (SHSE:601699) Can Manage Its Debt Responsibly
May 07Recent updates
Shanxi Lu'an Environmental Energy Development (SHSE:601699) Could Be Struggling To Allocate Capital
Nov 18Investors Aren't Buying Shanxi Lu'an Environmental Energy Development Co., Ltd.'s (SHSE:601699) Earnings
Oct 22Are Investors Undervaluing Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) By 33%?
Oct 07Shanxi Lu'an Environmental Energy Development (SHSE:601699) Has A Pretty Healthy Balance Sheet
Sep 18Shanxi Lu'an Environmental Energy Development's (SHSE:601699) Conservative Accounting Might Explain Soft Earnings
Sep 02Returns At Shanxi Lu'an Environmental Energy Development (SHSE:601699) Appear To Be Weighed Down
Jul 29Is Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) Trading At A 21% Discount?
Jun 07Here's Why Shanxi Lu'an Environmental Energy Development (SHSE:601699) Can Manage Its Debt Responsibly
May 07Why Investors Shouldn't Be Surprised By Shanxi Lu'an Environmental Energy Development Co., Ltd.'s (SHSE:601699) 26% Share Price Plunge
Apr 08Shanxi Lu'an Environmental Energy Development (SHSE:601699) Is Investing Its Capital With Increasing Efficiency
Mar 18Financial Position Analysis
Short Term Liabilities: 601699's short term assets (CN¥36.7B) exceed its short term liabilities (CN¥36.4B).
Long Term Liabilities: 601699's short term assets (CN¥36.7B) exceed its long term liabilities (CN¥7.4B).
Debt to Equity History and Analysis
Debt Level: 601699 has more cash than its total debt.
Reducing Debt: 601699's debt to equity ratio has reduced from 58.8% to 0.04% over the past 5 years.
Debt Coverage: 601699's debt is well covered by operating cash flow (16600%).
Interest Coverage: 601699 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 | 2024/12/19 09:34 |
| End of Day Share Price | 2024/12/19 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 |
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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
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
Shanxi Lu'an Environmental Energy Development Co., Ltd. is covered by 30 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 |
|---|---|
| Cho Ming Lau | BOCI Research Ltd. |
| Qian Tang | BOCI Research Ltd. |
| Xian Gong Ren | Bohai Securities Co., Ltd. |