Anyang Iron and SteelLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anyang Iron and SteelLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥10.9B, which brings its debt-to-equity ratio to 199.3%. Its total assets and total liabilities are CN¥43.0B and CN¥37.6B respectively.
Key information
199.3%
Debt to equity ratio
CN¥10.86b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.76b |
| Equity | CN¥5.45b |
| Total liabilities | CN¥37.56b |
| Total assets | CN¥43.01b |
Financial Position Analysis
Short Term Liabilities: 600569's short term assets (CN¥16.7B) do not cover its short term liabilities (CN¥32.1B).
Long Term Liabilities: 600569's short term assets (CN¥16.7B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 600569's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: 600569's debt to equity ratio has increased from 45.8% to 199.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600569 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600569 has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 46% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:26 |
| End of Day Share Price | 2024/12/26 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Anyang Iron and Steel Co.,Ltd. is covered by 5 analysts. 0 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Zhaohua Wang | Everbright Securities Co. Ltd. |
| Peitao Qiao | Great Wall Securities Co., Ltd. |