Xining Special Steel.Co.Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Xining Special Steel.Co.Ltd has a total shareholder equity of CN¥7.2B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are CN¥13.1B and CN¥5.9B respectively.
Key information
43.1%
Debt to equity ratio
CN¥3.09b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥111.96m |
| Equity | CN¥7.16b |
| Total liabilities | CN¥5.91b |
| Total assets | CN¥13.07b |
Recent financial health updates
Is Xining Special Steel.Co.Ltd (SHSE:600117) Using Too Much Debt?
Dec 12
We Think Xining Special Steel.Co.Ltd (SHSE:600117) Has A Fair Chunk Of Debt
Aug 20Does Xining Special Steel.Co.Ltd (SHSE:600117) Have A Healthy Balance Sheet?
Feb 29Recent updates
Is Xining Special Steel.Co.Ltd (SHSE:600117) Using Too Much Debt?
Dec 12We Think That There Are Issues Underlying Xining Special Steel.Co.Ltd's (SHSE:600117) Earnings
Nov 06Xining Special Steel.Co.,Ltd's (SHSE:600117) Popularity With Investors Is Under Threat From Overpricing
Sep 25We Think Xining Special Steel.Co.Ltd (SHSE:600117) Has A Fair Chunk Of Debt
Aug 20Xining Special Steel.Co.,Ltd (SHSE:600117) Investors Are Less Pessimistic Than Expected
Jun 05Solid Earnings May Not Tell The Whole Story For Xining Special Steel.Co.Ltd (SHSE:600117)
Mar 26Does Xining Special Steel.Co.Ltd (SHSE:600117) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 600117's short term assets (CN¥2.7B) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600117's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600117's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: 600117's debt to equity ratio has reduced from 357% to 43.1% over the past 5 years.
Debt Coverage: 600117's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600117's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:48 |
| End of Day Share Price | 2024/12/18 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
Xining Special Steel.Co.,Ltd is covered by 15 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Miao Wang | China Merchants Securities Co. Ltd. |
| Xuan Wang | China Stock Investment Research Co. Ltd. (GZ500..com) |