Chengtun Mining Group Balance Sheet Health
Financial Health criteria checks 4/6
Chengtun Mining Group has a total shareholder equity of CN¥17.5B and total debt of CN¥10.8B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CN¥37.8B and CN¥20.3B respectively. Chengtun Mining Group's EBIT is CN¥3.0B making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥4.6B.
Key information
61.7%
Debt to equity ratio
CN¥10.80b
Debt
| Interest coverage ratio | 6.7x |
| Cash | CN¥4.60b |
| Equity | CN¥17.50b |
| Total liabilities | CN¥20.32b |
| Total assets | CN¥37.82b |
Recent financial health updates
Chengtun Mining Group (SHSE:600711) Takes On Some Risk With Its Use Of Debt
Sep 25
Does Chengtun Mining Group (SHSE:600711) Have A Healthy Balance Sheet?
Jun 25Chengtun Mining Group (SHSE:600711) Has No Shortage Of Debt
Feb 28Recent updates
Chengtun Mining Group (SHSE:600711) Is Looking To Continue Growing Its Returns On Capital
Nov 26We Think Chengtun Mining Group's (SHSE:600711) Solid Earnings Are Understated
Nov 01Chengtun Mining Group Co., Ltd. (SHSE:600711) Surges 36% Yet Its Low P/S Is No Reason For Excitement
Oct 22Chengtun Mining Group (SHSE:600711) Takes On Some Risk With Its Use Of Debt
Sep 25What Chengtun Mining Group Co., Ltd.'s (SHSE:600711) 53% Share Price Gain Is Not Telling You
Jul 18Here's What's Concerning About Chengtun Mining Group's (SHSE:600711) Returns On Capital
Jul 16Does Chengtun Mining Group (SHSE:600711) Have A Healthy Balance Sheet?
Jun 25Chengtun Mining Group Co., Ltd. (SHSE:600711) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 03The Market Doesn't Like What It Sees From Chengtun Mining Group Co., Ltd.'s (SHSE:600711) Revenues Yet
Mar 25Chengtun Mining Group (SHSE:600711) Has No Shortage Of Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 600711's short term assets (CN¥17.3B) exceed its short term liabilities (CN¥14.7B).
Long Term Liabilities: 600711's short term assets (CN¥17.3B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 600711's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 600711's debt to equity ratio has increased from 33.8% to 61.7% over the past 5 years.
Debt Coverage: 600711's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 600711's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:40 |
| End of Day Share Price | 2024/12/20 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
Chengtun Mining Group Co., Ltd. is covered by 13 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. |
| Wenyi Yang | China International Capital Corporation Limited |
| Wenping Liu | China Merchants Securities Co. Ltd. |