CNSIG Inner Mongolia Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
CNSIG Inner Mongolia Chemical IndustryLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥832.3M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥19.0B and CN¥5.8B respectively. CNSIG Inner Mongolia Chemical IndustryLtd's EBIT is CN¥1.2B making its interest coverage ratio 49.9. It has cash and short-term investments of CN¥988.5M.
Key information
6.3%
Debt to equity ratio
CN¥832.32m
Debt
| Interest coverage ratio | 49.9x |
| Cash | CN¥988.51m |
| Equity | CN¥13.24b |
| Total liabilities | CN¥5.76b |
| Total assets | CN¥19.00b |
Recent financial health updates
Does CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Have A Healthy Balance Sheet?
Oct 25
Is CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Using Too Much Debt?
Apr 18Recent updates
Does CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Have A Healthy Balance Sheet?
Oct 25Market Still Lacking Some Conviction On CNSIG Inner Mongolia Chemical Industry Co.,Ltd. (SHSE:600328)
Oct 01CNSIG Inner Mongolia Chemical Industry Co.,Ltd. (SHSE:600328) Screens Well But There Might Be A Catch
Jun 03Is CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Using Too Much Debt?
Apr 18Financial Position Analysis
Short Term Liabilities: 600328's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 600328's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥666.2M).
Debt to Equity History and Analysis
Debt Level: 600328 has more cash than its total debt.
Reducing Debt: 600328's debt to equity ratio has reduced from 53.4% to 6.3% over the past 5 years.
Debt Coverage: 600328's debt is well covered by operating cash flow (69.7%).
Interest Coverage: 600328's interest payments on its debt are well covered by EBIT (49.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:29 |
| End of Day Share Price | 2024/12/24 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
CNSIG Inner Mongolia Chemical Industry Co.,Ltd. is covered by 3 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 |
|---|---|
| Lei Cheng | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |
| Ting Zhou Zhuang | Huatai Research |