Sino-Platinum MetalsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sino-Platinum MetalsLtd has a total shareholder equity of CN¥7.1B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are CN¥16.6B and CN¥9.5B respectively. Sino-Platinum MetalsLtd's EBIT is CN¥479.4M making its interest coverage ratio 14.6. It has cash and short-term investments of CN¥2.7B.
Key information
60.1%
Debt to equity ratio
CN¥4.29b
Debt
| Interest coverage ratio | 14.6x |
| Cash | CN¥2.67b |
| Equity | CN¥7.13b |
| Total liabilities | CN¥9.52b |
| Total assets | CN¥16.65b |
Recent financial health updates
Does Sino-Platinum MetalsLtd (SHSE:600459) Have A Healthy Balance Sheet?
Oct 13
Is Sino-Platinum MetalsLtd (SHSE:600459) A Risky Investment?
Jun 13Recent updates
We Think That There Are Some Issues For Sino-Platinum MetalsLtd (SHSE:600459) Beyond Its Promising Earnings
Nov 06Does Sino-Platinum MetalsLtd (SHSE:600459) Have A Healthy Balance Sheet?
Oct 13Some Investors May Be Worried About Sino-Platinum MetalsLtd's (SHSE:600459) Returns On Capital
Aug 27Sino-Platinum Metals Co.,Ltd's (SHSE:600459) Shares Not Telling The Full Story
Aug 01Is Sino-Platinum MetalsLtd (SHSE:600459) A Risky Investment?
Jun 13Sino-Platinum MetalsLtd (SHSE:600459) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 25Sino-Platinum Metals Co.,Ltd Just Missed EPS By 8.1%: Here's What Analysts Think Will Happen Next
Apr 21An Intrinsic Calculation For Sino-Platinum Metals Co.,Ltd (SHSE:600459) Suggests It's 29% Undervalued
Apr 03Sino-Platinum Metals Co.,Ltd's (SHSE:600459) Shares Lagging The Market But So Is The Business
Mar 01Financial Position Analysis
Short Term Liabilities: 600459's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 600459's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600459's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 600459's debt to equity ratio has reduced from 69.5% to 60.1% over the past 5 years.
Debt Coverage: 600459's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600459's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:51 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
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 .
Analyst Sources
Sino-Platinum Metals Co.,Ltd is covered by 14 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 |
|---|---|
| Qun Wang | Chasing Securities |
| Chong Ao | Citic Securities Co., Ltd. |
| Li Shang | Citic Securities Co., Ltd. |