Xining Special Steel.Co.Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Xining Special Steel.Co.Ltd has a total shareholder equity of CN¥6.3B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are CN¥12.7B and CN¥6.4B respectively.
Key information
50.71%
Debt to equity ratio
CN¥3.20b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥72.15m |
| Equity | CN¥6.32b |
| Total liabilities | CN¥6.36b |
| Total assets | CN¥12.68b |
Recent financial health updates
Does Xining Special Steel.Co.Ltd (SHSE:600117) Have A Healthy Balance Sheet?
Mar 24
Is Xining Special Steel.Co.Ltd (SHSE:600117) Using Too Much Debt?
Dec 12We 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
Does Xining Special Steel.Co.Ltd (SHSE:600117) Have A Healthy Balance Sheet?
Mar 24Xining Special Steel.Co.,Ltd's (SHSE:600117) Business Is Trailing The Industry But Its Shares Aren't
Feb 11Is 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¥2.9B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 600117's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600117's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: 600117's debt to equity ratio has reduced from 243.6% to 50.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600117 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600117 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 03:54 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
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) |