Chifeng Jilong Gold MiningLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chifeng Jilong Gold MiningLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥19.9B and CN¥10.1B respectively. Chifeng Jilong Gold MiningLtd's EBIT is CN¥2.5B making its interest coverage ratio 34.6. It has cash and short-term investments of CN¥2.5B.
Key information
23.1%
Debt to equity ratio
CN¥2.26b
Debt
| Interest coverage ratio | 34.6x |
| Cash | CN¥2.45b |
| Equity | CN¥9.80b |
| Total liabilities | CN¥10.10b |
| Total assets | CN¥19.90b |
Recent financial health updates
Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Nov 29
Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Aug 08Is Chifeng Jilong Gold MiningLtd (SHSE:600988) A Risky Investment?
Apr 29Recent updates
Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Nov 29Chifeng Jilong Gold Mining Co.,Ltd.'s (SHSE:600988) Shares Not Telling The Full Story
Oct 21Chifeng Jilong Gold Mining Co.,Ltd. Beat Revenue Forecasts By 8.2%: Here's What Analysts Are Forecasting Next
Sep 03Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Aug 08After Leaping 26% Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) Shares Are Not Flying Under The Radar
Jul 17Is Chifeng Jilong Gold MiningLtd (SHSE:600988) A Risky Investment?
Apr 29Brokers Are Upgrading Their Views On Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) With These New Forecasts
Apr 11Market Participants Recognise Chifeng Jilong Gold Mining Co.,Ltd.'s (SHSE:600988) Earnings Pushing Shares 30% Higher
Apr 02Financial Position Analysis
Short Term Liabilities: 600988's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 600988's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 600988 has more cash than its total debt.
Reducing Debt: 600988's debt to equity ratio has reduced from 52% to 23.1% over the past 5 years.
Debt Coverage: 600988's debt is well covered by operating cash flow (133%).
Interest Coverage: 600988's interest payments on its debt are well covered by EBIT (34.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:32 |
| End of Day Share Price | 2024/12/25 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
Chifeng Jilong Gold Mining Co.,Ltd. is covered by 11 analysts. 6 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 |
|---|---|
| Zheng Wang | China International Capital Corporation Limited |
| Sherry Ye | China Stock Investment Research Co. Ltd. (GZ500..com) |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |