Guangxi Huaxi Nonferrous MetalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Huaxi Nonferrous MetalLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥7.5B and CN¥2.7B respectively. Guangxi Huaxi Nonferrous MetalLtd's EBIT is CN¥1.2B making its interest coverage ratio 26.3. It has cash and short-term investments of CN¥1.2B.
Key information
28.3%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | 26.3x |
| Cash | CN¥1.16b |
| Equity | CN¥4.77b |
| Total liabilities | CN¥2.71b |
| Total assets | CN¥7.49b |
Recent financial health updates
Is Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) A Risky Investment?
Sep 02
Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) Could Easily Take On More Debt
May 28Recent updates
It's A Story Of Risk Vs Reward With Guangxi Huaxi Nonferrous Metal Co.,Ltd (SHSE:600301)
Dec 21Here's Why Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) Has Caught The Eye Of Investors
Nov 29We Think Guangxi Huaxi Nonferrous MetalLtd's (SHSE:600301) Profit Is Only A Baseline For What They Can Achieve
Nov 06Is Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) A Risky Investment?
Sep 02Market Participants Recognise Guangxi Huaxi Nonferrous Metal Co.,Ltd's (SHSE:600301) Earnings
Jun 28Guangxi Huaxi Nonferrous MetalLtd (SHSE:600301) Could Easily Take On More Debt
May 28Solid Earnings Reflect Guangxi Huaxi Nonferrous MetalLtd's (SHSE:600301) Strength As A Business
May 01Market Participants Recognise Guangxi Huaxi Nonferrous Metal Co.,Ltd's (SHSE:600301) Revenues Pushing Shares 28% Higher
Mar 15Financial Position Analysis
Short Term Liabilities: 600301's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600301's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥920.6M).
Debt to Equity History and Analysis
Debt Level: 600301's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 600301's debt to equity ratio has increased from 0% to 28.3% over the past 5 years.
Debt Coverage: 600301's debt is well covered by operating cash flow (99.4%).
Interest Coverage: 600301's interest payments on its debt are well covered by EBIT (26.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:51 |
| 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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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
Guangxi Huaxi Nonferrous Metal Co.,Ltd is covered by 2 analysts. 1 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 |
|---|---|
| Mengluan Liu | Guosen Securities Co., Ltd. |
| Zu Xue Qiu | Minsheng Securities Co. |