Hainan Mining Balance Sheet Health
Financial Health criteria checks 5/6
Hainan Mining has a total shareholder equity of CN¥7.5B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CN¥12.8B and CN¥5.3B respectively. Hainan Mining's EBIT is CN¥877.8M making its interest coverage ratio -47.7. It has cash and short-term investments of CN¥3.6B.
Key information
34.7%
Debt to equity ratio
CN¥2.59b
Debt
| Interest coverage ratio | -47.7x |
| Cash | CN¥3.55b |
| Equity | CN¥7.46b |
| Total liabilities | CN¥5.30b |
| Total assets | CN¥12.76b |
Recent financial health updates
Is Hainan Mining (SHSE:601969) A Risky Investment?
Oct 28
Here's Why Hainan Mining (SHSE:601969) Can Manage Its Debt Responsibly
May 22Recent updates
Is Hainan Mining (SHSE:601969) A Risky Investment?
Oct 28Hainan Mining Co., Ltd. (SHSE:601969) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Oct 01Earnings Working Against Hainan Mining Co., Ltd.'s (SHSE:601969) Share Price
Jul 18We Like These Underlying Return On Capital Trends At Hainan Mining (SHSE:601969)
Jun 26Here's Why Hainan Mining (SHSE:601969) Can Manage Its Debt Responsibly
May 22Hainan Mining Co., Ltd. (SHSE:601969) Soars 25% But It's A Story Of Risk Vs Reward
Mar 06Financial Position Analysis
Short Term Liabilities: 601969's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 601969's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601969 has more cash than its total debt.
Reducing Debt: 601969's debt to equity ratio has increased from 22.1% to 34.7% over the past 5 years.
Debt Coverage: 601969's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 601969 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:57 |
| 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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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
Hainan Mining Co., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Chuanlin Tang | Citic Securities Co., Ltd. |
| Xianlong Chen | Haitong International Research Limited |