Xinjiang Talimu Agriculture Development Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Talimu Agriculture Development has a total shareholder equity of CN¥703.5M and total debt of CN¥353.8M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥1.3B and CN¥635.2M respectively. Xinjiang Talimu Agriculture Development's EBIT is CN¥21.7M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥383.1M.
Key information
50.3%
Debt to equity ratio
CN¥353.84m
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥383.07m |
| Equity | CN¥703.50m |
| Total liabilities | CN¥635.24m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Xinjiang Talimu Agriculture Development (SHSE:600359) Posted Weak Earnings But There Is More To Worry About
Nov 06
Xinjiang Talimu Agriculture Development's (SHSE:600359) Earnings Seem To Be Promising
May 06Some Shareholders Feeling Restless Over Xinjiang Talimu Agriculture Development Co., Ltd.'s (SHSE:600359) P/E Ratio
Apr 17Financial Position Analysis
Short Term Liabilities: 600359's short term assets (CN¥833.4M) exceed its short term liabilities (CN¥587.1M).
Long Term Liabilities: 600359's short term assets (CN¥833.4M) exceed its long term liabilities (CN¥48.1M).
Debt to Equity History and Analysis
Debt Level: 600359 has more cash than its total debt.
Reducing Debt: 600359's debt to equity ratio has reduced from 168.9% to 50.3% over the past 5 years.
Debt Coverage: 600359's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600359 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 | 2024/12/25 13:43 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Xinjiang Talimu Agriculture Development Co., Ltd. is covered by 0 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 |
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