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
Is Shanxi Lu'an Environmental Energy Development (SHSE:601699) A Risky Investment?
Jan 12
Shanxi Lu'an Environmental Energy Development (SHSE:601699) Has A Pretty Healthy Balance Sheet
Sep 18Here's Why Shanxi Lu'an Environmental Energy Development (SHSE:601699) Can Manage Its Debt Responsibly
May 07Recent updates
Is Shanxi Lu'an Environmental Energy Development (SHSE:601699) A Risky Investment?
Jan 12Shanxi 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 | 2025/01/18 09:11 |
| End of Day Share Price | 2025/01/17 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 |
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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
Shanxi Lu'an Environmental Energy Development Co., Ltd. is covered by 28 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 |
|---|---|
| Qian Tang | BOCI Research Ltd. |
| Cho Ming Lau | BOCI Research Ltd. |
| Xian Gong Ren | Bohai Securities Co., Ltd. |