Zhejiang Xinan Chemical Industrial GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Xinan Chemical Industrial GroupLtd has a total shareholder equity of CN¥13.9B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥22.1B and CN¥8.2B respectively.
Key information
23.9%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.55b |
| Equity | CN¥13.86b |
| Total liabilities | CN¥8.20b |
| Total assets | CN¥22.06b |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Is Using Debt Extensively
Sep 27
Does Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Have A Healthy Balance Sheet?
May 29Recent updates
Zhejiang Xinan Chemical Industrial GroupLtd's (SHSE:600596) Problems Go Beyond Poor Profit
Nov 04Zhejiang Xinan Chemical Industrial Group Co.,Ltd's (SHSE:600596) Share Price Is Matching Sentiment Around Its Revenues
Oct 23These 4 Measures Indicate That Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Is Using Debt Extensively
Sep 27Analysts Just Shaved Their Zhejiang Xinan Chemical Industrial Group Co.,Ltd (SHSE:600596) Forecasts Dramatically
Aug 22Does Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Have A Healthy Balance Sheet?
May 29Zhejiang Xinan Chemical Industrial GroupLtd's (SHSE:600596) Soft Earnings Are Actually Better Than They Appear
May 02Zhejiang Xinan Chemical Industrial Group Co.,Ltd's (SHSE:600596) Share Price Is Matching Sentiment Around Its Revenues
Apr 05Financial Position Analysis
Short Term Liabilities: 600596's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 600596's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 600596 has more cash than its total debt.
Reducing Debt: 600596's debt to equity ratio has reduced from 26.2% to 23.9% over the past 5 years.
Debt Coverage: 600596's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: Insufficient data to determine if 600596's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:54 |
| 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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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
Zhejiang Xinan Chemical Industrial Group Co.,Ltd is covered by 18 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 |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Di Wu | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |