Western MiningLtd Balance Sheet Health
Financial Health criteria checks 3/6
Western MiningLtd has a total shareholder equity of CN¥22.1B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are CN¥54.6B and CN¥32.6B respectively. Western MiningLtd's EBIT is CN¥7.5B making its interest coverage ratio 16.6. It has cash and short-term investments of CN¥7.0B.
Key information
97.3%
Debt to equity ratio
CN¥21.48b
Debt
| Interest coverage ratio | 16.6x |
| Cash | CN¥7.01b |
| Equity | CN¥22.07b |
| Total liabilities | CN¥32.57b |
| Total assets | CN¥54.64b |
Recent financial health updates
Western MiningLtd (SHSE:601168) Seems To Use Debt Quite Sensibly
Dec 11
These 4 Measures Indicate That Western MiningLtd (SHSE:601168) Is Using Debt Reasonably Well
Jul 19Recent updates
Western MiningLtd (SHSE:601168) Seems To Use Debt Quite Sensibly
Dec 11Western Mining Co.,Ltd.'s (SHSE:601168) Share Price Is Matching Sentiment Around Its Earnings
Nov 13Western Mining Co.,Ltd. (SHSE:601168) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Oct 22These 4 Measures Indicate That Western MiningLtd (SHSE:601168) Is Using Debt Reasonably Well
Jul 19There Is A Reason Western Mining Co.,Ltd.'s (SHSE:601168) Price Is Undemanding
Jul 01Is Western Mining Co.,Ltd. (SHSE:601168) Trading At A 45% Discount?
Apr 04Western Mining Co.,Ltd. Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Mar 18Western Mining Co.,Ltd.'s (SHSE:601168) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 14Financial Position Analysis
Short Term Liabilities: 601168's short term assets (CN¥14.3B) do not cover its short term liabilities (CN¥14.6B).
Long Term Liabilities: 601168's short term assets (CN¥14.3B) do not cover its long term liabilities (CN¥18.0B).
Debt to Equity History and Analysis
Debt Level: 601168's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: 601168's debt to equity ratio has reduced from 150.3% to 97.3% over the past 5 years.
Debt Coverage: 601168's debt is well covered by operating cash flow (41.8%).
Interest Coverage: 601168's interest payments on its debt are well covered by EBIT (16.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 14:28 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Western Mining Co.,Ltd. is covered by 19 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 |
|---|---|
| Qi Ding | China International Capital Corporation Limited |
| Manwen He | China International Capital Corporation Limited |
| Wenping Liu | China Merchants Securities Co. Ltd. |