China Coal Xinji EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
China Coal Xinji EnergyLtd has a total shareholder equity of CN¥16.9B and total debt of CN¥18.4B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are CN¥42.7B and CN¥25.8B respectively. China Coal Xinji EnergyLtd's EBIT is CN¥3.6B making its interest coverage ratio 9.2. It has cash and short-term investments of CN¥2.4B.
Key information
108.9%
Debt to equity ratio
CN¥18.42b
Debt
| Interest coverage ratio | 9.2x |
| Cash | CN¥2.38b |
| Equity | CN¥16.92b |
| Total liabilities | CN¥25.82b |
| Total assets | CN¥42.74b |
Recent financial health updates
These 4 Measures Indicate That China Coal Xinji EnergyLtd (SHSE:601918) Is Using Debt Extensively
Oct 11
Does China Coal Xinji EnergyLtd (SHSE:601918) Have A Healthy Balance Sheet?
Jun 27Recent updates
China Coal Xinji EnergyLtd (SHSE:601918) May Have Issues Allocating Its Capital
Dec 20China Coal Xinji Energy Co.,Ltd's (SHSE:601918) Business And Shares Still Trailing The Market
Dec 02These 4 Measures Indicate That China Coal Xinji EnergyLtd (SHSE:601918) Is Using Debt Extensively
Oct 11Returns On Capital At China Coal Xinji EnergyLtd (SHSE:601918) Have Hit The Brakes
Sep 05Does China Coal Xinji EnergyLtd (SHSE:601918) Have A Healthy Balance Sheet?
Jun 27China Coal Xinji Energy Co.,Ltd's (SHSE:601918) Shares Lagging The Market But So Is The Business
Jun 10Returns At China Coal Xinji EnergyLtd (SHSE:601918) Appear To Be Weighed Down
May 22There's No Escaping China Coal Xinji Energy Co.,Ltd's (SHSE:601918) Muted Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 601918's short term assets (CN¥4.2B) do not cover its short term liabilities (CN¥9.6B).
Long Term Liabilities: 601918's short term assets (CN¥4.2B) do not cover its long term liabilities (CN¥16.2B).
Debt to Equity History and Analysis
Debt Level: 601918's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: 601918's debt to equity ratio has reduced from 208.8% to 108.9% over the past 5 years.
Debt Coverage: 601918's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 601918's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 13:37 |
| End of Day Share Price | 2025/01/09 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 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
China Coal Xinji Energy Co.,Ltd is covered by 21 analysts. 7 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Ping Lu | China Merchants Securities Co. Ltd. |
| Jing Li | China Minzu Securities |