Zhongjin GoldLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhongjin GoldLtd has a total shareholder equity of CN¥32.0B and total debt of CN¥15.6B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are CN¥55.6B and CN¥23.6B respectively. Zhongjin GoldLtd's EBIT is CN¥6.0B making its interest coverage ratio 59.8. It has cash and short-term investments of CN¥8.3B.
Key information
48.9%
Debt to equity ratio
CN¥15.63b
Debt
| Interest coverage ratio | 59.8x |
| Cash | CN¥8.31b |
| Equity | CN¥31.98b |
| Total liabilities | CN¥23.60b |
| Total assets | CN¥55.58b |
Recent financial health updates
Zhongjin GoldLtd (SHSE:600489) Could Easily Take On More Debt
Dec 10
Is Zhongjin GoldLtd (SHSE:600489) A Risky Investment?
Aug 13We Think Zhongjin GoldLtd (SHSE:600489) Can Stay On Top Of Its Debt
Feb 29Recent updates
Here's Why We Think Zhongjin GoldLtd (SHSE:600489) Is Well Worth Watching
Dec 25Zhongjin GoldLtd (SHSE:600489) Could Easily Take On More Debt
Dec 10An Intrinsic Calculation For Zhongjin Gold Corp.,Ltd (SHSE:600489) Suggests It's 49% Undervalued
Oct 28Zhongjin Gold Corp.,Ltd (SHSE:600489) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 01Returns On Capital Are Showing Encouraging Signs At Zhongjin GoldLtd (SHSE:600489)
Sep 17Does Zhongjin GoldLtd (SHSE:600489) Deserve A Spot On Your Watchlist?
Aug 28Is Zhongjin GoldLtd (SHSE:600489) A Risky Investment?
Aug 13Investors Don't See Light At End Of Zhongjin Gold Corp.,Ltd's (SHSE:600489) Tunnel
Jul 01Returns At Zhongjin GoldLtd (SHSE:600489) Are On The Way Up
Jun 17Calculating The Fair Value Of Zhongjin Gold Corp.,Ltd (SHSE:600489)
May 21Party Time: Brokers Just Made Major Increases To Their Zhongjin Gold Corp.,Ltd (SHSE:600489) Earnings Forecasts
May 03Improved Earnings Required Before Zhongjin Gold Corp.,Ltd (SHSE:600489) Stock's 28% Jump Looks Justified
Mar 29Here's Why We Think Zhongjin GoldLtd (SHSE:600489) Might Deserve Your Attention Today
Mar 28Zhongjin GoldLtd (SHSE:600489) Shareholders Will Want The ROCE Trajectory To Continue
Mar 14We Think Zhongjin GoldLtd (SHSE:600489) Can Stay On Top Of Its Debt
Feb 29Financial Position Analysis
Short Term Liabilities: 600489's short term assets (CN¥23.5B) exceed its short term liabilities (CN¥15.5B).
Long Term Liabilities: 600489's short term assets (CN¥23.5B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 600489's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 600489's debt to equity ratio has reduced from 66.7% to 48.9% over the past 5 years.
Debt Coverage: 600489's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 600489's interest payments on its debt are well covered by EBIT (59.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:16 |
| 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
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
Zhongjin Gold Corp.,Ltd is covered by 30 analysts. 8 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 |
|---|---|
| Zhipeng Zhang | AJ Securities Co., Ltd |
| Ke Zhang | Bohai Securities Co., Ltd. |
| Jun Ge | Changjiang Securities Co. LTD. |