Shenghe Resources Holding Balance Sheet Health
Financial Health criteria checks 5/6
Shenghe Resources Holding has a total shareholder equity of CN¥9.8B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are CN¥15.3B and CN¥5.5B respectively. Shenghe Resources Holding's EBIT is CN¥315.6M making its interest coverage ratio 23.7. It has cash and short-term investments of CN¥2.5B.
Key information
37.9%
Debt to equity ratio
CN¥3.71b
Debt
| Interest coverage ratio | 23.7x |
| Cash | CN¥2.49b |
| Equity | CN¥9.78b |
| Total liabilities | CN¥5.47b |
| Total assets | CN¥15.25b |
Recent financial health updates
Shenghe Resources Holding (SHSE:600392) Seems To Use Debt Quite Sensibly
Dec 25
Is Shenghe Resources Holding (SHSE:600392) A Risky Investment?
Aug 09Recent updates
Shenghe Resources Holding (SHSE:600392) Seems To Use Debt Quite Sensibly
Dec 25Shenghe Resources Holding's (SHSE:600392) Profits Appear To Have Quality Issues
Nov 06Even With A 37% Surge, Cautious Investors Are Not Rewarding Shenghe Resources Holding Co., Ltd's (SHSE:600392) Performance Completely
Oct 08Returns On Capital Signal Tricky Times Ahead For Shenghe Resources Holding (SHSE:600392)
Sep 25Is Shenghe Resources Holding (SHSE:600392) A Risky Investment?
Aug 09Sentiment Still Eluding Shenghe Resources Holding Co., Ltd (SHSE:600392)
Jun 11Why Shenghe Resources Holding's (SHSE:600392) Shaky Earnings Are Just The Beginning Of Its Problems
May 06Forecast: Analysts Think Shenghe Resources Holding Co., Ltd's (SHSE:600392) Business Prospects Have Improved Drastically
May 01Returns On Capital At Shenghe Resources Holding (SHSE:600392) Paint A Concerning Picture
Apr 22There's Reason For Concern Over Shenghe Resources Holding Co., Ltd's (SHSE:600392) Massive 25% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 600392's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 600392's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥589.6M).
Debt to Equity History and Analysis
Debt Level: 600392's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 600392's debt to equity ratio has increased from 31.3% to 37.9% over the past 5 years.
Debt Coverage: 600392's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 600392's interest payments on its debt are well covered by EBIT (23.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 20:50 |
| End of Day Share Price | 2025/01/02 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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Industry and Sector Metrics
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Analyst Sources
Shenghe Resources Holding Co., Ltd is covered by 9 analysts. 2 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 |
|---|---|
| Li Shang | Citic Securities Co., Ltd. |
| Chong Ao | Citic Securities Co., Ltd. |
| Weifeng Li | Everbright Securities Co. Ltd. |