Beijing Shunxin AgricultureLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Shunxin AgricultureLtd has a total shareholder equity of CN¥7.2B and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are CN¥14.1B and CN¥6.9B respectively. Beijing Shunxin AgricultureLtd's EBIT is CN¥442.6M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥6.3B.
Key information
68.7%
Debt to equity ratio
CN¥4.94b
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥6.30b |
| Equity | CN¥7.19b |
| Total liabilities | CN¥6.90b |
| Total assets | CN¥14.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000860's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 000860's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000860 has more cash than its total debt.
Reducing Debt: 000860's debt to equity ratio has reduced from 91.6% to 68.7% over the past 5 years.
Debt Coverage: 000860's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 000860 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 07:52 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Beijing Shunxin Agriculture Co.,Ltd is covered by 23 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 |
|---|---|
| Weiliang Tang | BOCI Research Ltd. |
| Bo Chen | Chasing Securities |
| Haiyan Guo | China International Capital Corporation Limited |