Luxin Venture Capital Group Balance Sheet Health
Financial Health criteria checks 1/6
Luxin Venture Capital Group has a total shareholder equity of CN¥4.9B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are CN¥9.0B and CN¥4.1B respectively.
Key information
67.5%
Debt to equity ratio
CN¥3.32b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.31b |
| Equity | CN¥4.92b |
| Total liabilities | CN¥4.13b |
| Total assets | CN¥9.04b |
Recent financial health updates
Luxin Venture Capital Group (SHSE:600783) Is Carrying A Fair Bit Of Debt
Aug 30
Luxin Venture Capital Group (SHSE:600783) Is Carrying A Fair Bit Of Debt
Apr 30Recent updates
There Are Some Holes In Luxin Venture Capital Group's (SHSE:600783) Solid Earnings Release
Nov 06Luxin Venture Capital Group (SHSE:600783) Is Carrying A Fair Bit Of Debt
Aug 30There May Be Some Bright Spots In Luxin Venture Capital Group's (SHSE:600783) Earnings
May 06Luxin Venture Capital Group (SHSE:600783) Is Carrying A Fair Bit Of Debt
Apr 30Financial Position Analysis
Short Term Liabilities: 600783's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥161.1M).
Long Term Liabilities: 600783's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600783's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 600783's debt to equity ratio has increased from 54.8% to 67.5% over the past 5 years.
Debt Coverage: 600783's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600783'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 | 2024/12/28 03:40 |
| 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 |
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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
Luxin Venture Capital Group Co., Ltd. is covered by 4 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 |
|---|---|
| Jun Liu | Changjiang Securities Co. LTD. |
| Juan Shen | Huatai Research |
| Yi Luo | Huatai Research |