Baoshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 6/6
Baoshan Iron & Steel has a total shareholder equity of CN¥218.4B and total debt of CN¥44.2B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥367.2B and CN¥148.7B respectively. Baoshan Iron & Steel's EBIT is CN¥11.1B making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥24.1B.
Key information
20.2%
Debt to equity ratio
CN¥44.23b
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥24.09b |
| Equity | CN¥218.43b |
| Total liabilities | CN¥148.74b |
| Total assets | CN¥367.18b |
Recent financial health updates
These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Safely
Oct 14
We Think Baoshan Iron & Steel (SHSE:600019) Can Stay On Top Of Its Debt
Feb 29Recent updates
Baoshan Iron & Steel's (SHSE:600019) Returns On Capital Not Reflecting Well On The Business
Jan 08A Look At The Fair Value Of Baoshan Iron & Steel Co., Ltd. (SHSE:600019)
Dec 18Baoshan Iron & Steel Co., Ltd. (SHSE:600019) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 27There May Be Reason For Hope In Baoshan Iron & Steel's (SHSE:600019) Disappointing Earnings
Nov 05These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Safely
Oct 14There Are Reasons To Feel Uneasy About Baoshan Iron & Steel's (SHSE:600019) Returns On Capital
Sep 20Baoshan Iron & Steel Co., Ltd. (SHSE:600019) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jul 21Investors Don't See Light At End Of Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Tunnel
Jun 30Baoshan Iron & Steel (SHSE:600019) Will Pay A Larger Dividend Than Last Year At CN¥0.20
Jun 09Baoshan Iron & Steel (SHSE:600019) Might Be Having Difficulty Using Its Capital Effectively
May 24A Piece Of The Puzzle Missing From Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Share Price
Mar 26We Think Baoshan Iron & Steel (SHSE:600019) Can Stay On Top Of Its Debt
Feb 29Financial Position Analysis
Short Term Liabilities: 600019's short term assets (CN¥134.7B) exceed its short term liabilities (CN¥115.0B).
Long Term Liabilities: 600019's short term assets (CN¥134.7B) exceed its long term liabilities (CN¥33.7B).
Debt to Equity History and Analysis
Debt Level: 600019's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 600019's debt to equity ratio has reduced from 36.3% to 20.2% over the past 5 years.
Debt Coverage: 600019's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 600019 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 | 2025/01/31 09:26 |
| End of Day Share Price | 2025/01/27 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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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
Baoshan Iron & Steel Co., Ltd. is covered by 43 analysts. 15 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 |
|---|---|
| Rachel Cheung | BNP Paribas Securities (Asia) |
| Belle Chan | BOCI Research Ltd. |
| Yanlin Zhao | BofA Global Research |