Jinhui Mining Incorporation Balance Sheet Health
Financial Health criteria checks 3/6
Jinhui Mining Incorporation has a total shareholder equity of CN¥3.1B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are CN¥6.1B and CN¥3.0B respectively. Jinhui Mining Incorporation's EBIT is CN¥594.9M making its interest coverage ratio 7. It has cash and short-term investments of CN¥801.9M.
Key information
84.0%
Debt to equity ratio
CN¥2.63b
Debt
| Interest coverage ratio | 7x |
| Cash | CN¥801.88m |
| Equity | CN¥3.13b |
| Total liabilities | CN¥3.01b |
| Total assets | CN¥6.14b |
Recent financial health updates
Here's Why Jinhui Mining Incorporation (SHSE:603132) Can Manage Its Debt Responsibly
Jul 12
We Think Jinhui Mining Incorporation (SHSE:603132) Can Stay On Top Of Its Debt
Mar 15Recent updates
Investors Continue Waiting On Sidelines For Jinhui Mining Incorporation Limited (SHSE:603132)
Dec 18Here's What To Make Of Jinhui Mining Incorporation's (SHSE:603132) Decelerating Rates Of Return
Oct 25Here's Why Jinhui Mining Incorporation (SHSE:603132) Can Manage Its Debt Responsibly
Jul 12Slowing Rates Of Return At Jinhui Mining Incorporation (SHSE:603132) Leave Little Room For Excitement
Jun 07We Think Jinhui Mining Incorporation (SHSE:603132) Can Stay On Top Of Its Debt
Mar 15Financial Position Analysis
Short Term Liabilities: 603132's short term assets (CN¥886.8M) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603132's short term assets (CN¥886.8M) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603132's net debt to equity ratio (58.4%) is considered high.
Reducing Debt: 603132's debt to equity ratio has reduced from 251.1% to 84% over the past 5 years.
Debt Coverage: 603132's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 603132's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:38 |
| 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
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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
Jinhui Mining Incorporation Limited is covered by 2 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 |
|---|---|
| Zu Xue Qiu | Minsheng Securities Co. |
| Kun Zhai | Topsperity Securities |