Ningxia Baofeng Energy Group Balance Sheet Health
Financial Health criteria checks 2/6
Ningxia Baofeng Energy Group has a total shareholder equity of CN¥41.4B and total debt of CN¥30.1B, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are CN¥87.4B and CN¥46.0B respectively. Ningxia Baofeng Energy Group's EBIT is CN¥8.5B making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥4.1B.
Key information
72.9%
Debt to equity ratio
CN¥30.14b
Debt
| Interest coverage ratio | 12.9x |
| Cash | CN¥4.10b |
| Equity | CN¥41.37b |
| Total liabilities | CN¥46.00b |
| Total assets | CN¥87.37b |
Recent financial health updates
Is Ningxia Baofeng Energy Group (SHSE:600989) A Risky Investment?
Dec 17
Is Ningxia Baofeng Energy Group (SHSE:600989) Using Too Much Debt?
Mar 20Recent updates
Is Ningxia Baofeng Energy Group (SHSE:600989) A Risky Investment?
Dec 17Is There An Opportunity With Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) 47% Undervaluation?
Sep 02A Piece Of The Puzzle Missing From Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Share Price
Jul 19Is There An Opportunity With Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) 36% Undervaluation?
May 28Investors Could Be Concerned With Ningxia Baofeng Energy Group's (SHSE:600989) Returns On Capital
May 13Earnings Miss: Ningxia Baofeng Energy Group Co., Ltd. Missed EPS By 7.6% And Analysts Are Revising Their Forecasts
Mar 24Is Ningxia Baofeng Energy Group (SHSE:600989) Using Too Much Debt?
Mar 20Financial Position Analysis
Short Term Liabilities: 600989's short term assets (CN¥7.2B) do not cover its short term liabilities (CN¥20.3B).
Long Term Liabilities: 600989's short term assets (CN¥7.2B) do not cover its long term liabilities (CN¥25.7B).
Debt to Equity History and Analysis
Debt Level: 600989's net debt to equity ratio (63%) is considered high.
Reducing Debt: 600989's debt to equity ratio has increased from 25.3% to 72.9% over the past 5 years.
Debt Coverage: 600989's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 600989's interest payments on its debt are well covered by EBIT (12.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:27 |
| 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
Ningxia Baofeng Energy Group Co., Ltd. is covered by 13 analysts. 9 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 |
|---|---|
| Kai Wei | Changjiang Securities Co. LTD. |
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Kaiming Fu | China International Capital Corporation Limited |