Zhuzhou Smelter GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhuzhou Smelter GroupLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CN¥9.0B and CN¥4.6B respectively. Zhuzhou Smelter GroupLtd's EBIT is CN¥845.8M making its interest coverage ratio 43.6. It has cash and short-term investments of CN¥463.9M.
Key information
46.7%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | 43.6x |
| Cash | CN¥463.86m |
| Equity | CN¥4.32b |
| Total liabilities | CN¥4.64b |
| Total assets | CN¥8.96b |
Recent financial health updates
Does Zhuzhou Smelter GroupLtd (SHSE:600961) Have A Healthy Balance Sheet?
Jul 18
Is Zhuzhou Smelter GroupLtd (SHSE:600961) Using Too Much Debt?
Feb 29Recent updates
Fewer Investors Than Expected Jumping On Zhuzhou Smelter Group Co.,Ltd. (SHSE:600961)
Nov 25The Market Doesn't Like What It Sees From Zhuzhou Smelter Group Co.,Ltd.'s (SHSE:600961) Earnings Yet
Aug 09Does Zhuzhou Smelter GroupLtd (SHSE:600961) Have A Healthy Balance Sheet?
Jul 18Solid Earnings May Not Tell The Whole Story For Zhuzhou Smelter GroupLtd (SHSE:600961)
Apr 24Earnings Tell The Story For Zhuzhou Smelter Group Co.,Ltd. (SHSE:600961) As Its Stock Soars 29%
Mar 29Is Zhuzhou Smelter GroupLtd (SHSE:600961) Using Too Much Debt?
Feb 29Financial Position Analysis
Short Term Liabilities: 600961's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥4.1B).
Long Term Liabilities: 600961's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥548.4M).
Debt to Equity History and Analysis
Debt Level: 600961's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 600961's debt to equity ratio has reduced from 607.8% to 46.7% over the past 5 years.
Debt Coverage: 600961's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 600961's interest payments on its debt are well covered by EBIT (43.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:14 |
| End of Day Share Price | 2024/12/23 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
Zhuzhou Smelter Group Co.,Ltd. is covered by 6 analysts. 1 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 |
|---|---|
| Zhuiyang Li | Citic Securities Co., Ltd. |
| Xinrong Deng | Founder Securities Co., Ltd. |
| Chunlei YAO | Guoyuan Securities Co., Ltd. |