Nanjing Tanker Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Tanker has a total shareholder equity of CN¥10.6B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CN¥12.9B and CN¥2.3B respectively. Nanjing Tanker's EBIT is CN¥2.1B making its interest coverage ratio 455.2. It has cash and short-term investments of CN¥4.8B.
Key information
12.9%
Debt to equity ratio
CN¥1.37b
Debt
| Interest coverage ratio | 455.2x |
| Cash | CN¥4.77b |
| Equity | CN¥10.63b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥12.92b |
Recent financial health updates
Nanjing Tanker (SHSE:601975) Could Easily Take On More Debt
Dec 06
Nanjing Tanker (SHSE:601975) Seems To Use Debt Rather Sparingly
Feb 29Recent updates
Investors Don't See Light At End Of Nanjing Tanker Corporation's (SHSE:601975) Tunnel
Dec 27Nanjing Tanker (SHSE:601975) Could Easily Take On More Debt
Dec 06Nanjing Tanker (SHSE:601975) Strong Profits May Be Masking Some Underlying Issues
Nov 01Returns Are Gaining Momentum At Nanjing Tanker (SHSE:601975)
Sep 24Nanjing Tanker Corporation (SHSE:601975) Shares Could Be 42% Below Their Intrinsic Value Estimate
Sep 06Nanjing Tanker Corporation's (SHSE:601975) Price Is Right But Growth Is Lacking
Aug 06Nanjing Tanker (SHSE:601975) Might Have The Makings Of A Multi-Bagger
Jun 10A Look At The Intrinsic Value Of Nanjing Tanker Corporation (SHSE:601975)
May 13Nanjing Tanker's (SHSE:601975) Solid Earnings May Rest On Weak Foundations
Apr 29Nanjing Tanker Corporation (SHSE:601975) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Apr 12Nanjing Tanker (SHSE:601975) Seems To Use Debt Rather Sparingly
Feb 29Financial Position Analysis
Short Term Liabilities: 601975's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥960.2M).
Long Term Liabilities: 601975's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601975 has more cash than its total debt.
Reducing Debt: 601975's debt to equity ratio has reduced from 64.5% to 12.9% over the past 5 years.
Debt Coverage: 601975's debt is well covered by operating cash flow (204.9%).
Interest Coverage: 601975's interest payments on its debt are well covered by EBIT (455.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:30 |
| End of Day Share Price | 2024/12/27 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 here.
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 .
Analyst Sources
Nanjing Tanker Corporation is covered by 17 analysts. 4 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 |
|---|---|
| Yanli Qi | Bohai Securities Co., Ltd. |
| YUNYING WU | Changjiang Securities Co. LTD. |
| Jiangnan Luo | China Galaxy Securities Co., Ltd. |