Liaoning Fu-An Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Fu-An Heavy IndustryLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥531.5M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are CN¥3.0B and CN¥1.3B respectively. Liaoning Fu-An Heavy IndustryLtd's EBIT is CN¥91.2M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥168.0M.
Key information
33.0%
Debt to equity ratio
CN¥531.54m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥168.00m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥1.35b |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Liaoning Fu-An Heavy Industry Co.,Ltd (SHSE:603315) Is Unlikely
Sep 30
Some Liaoning Fu-An Heavy Industry Co.,Ltd (SHSE:603315) Shareholders Look For Exit As Shares Take 26% Pounding
Jun 06Liaoning Fu-An Heavy IndustryLtd (SHSE:603315) Will Be Hoping To Turn Its Returns On Capital Around
Jun 04Concerns Surrounding Liaoning Fu-An Heavy IndustryLtd's (SHSE:603315) Performance
May 02Subdued Growth No Barrier To Liaoning Fu-An Heavy Industry Co.,Ltd (SHSE:603315) With Shares Advancing 28%
Mar 07Liaoning Fu-An Heavy IndustryLtd (SHSE:603315) Is Experiencing Growth In Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603315's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603315's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥108.1M).
Debt to Equity History and Analysis
Debt Level: 603315's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 603315's debt to equity ratio has increased from 18.4% to 33% over the past 5 years.
Debt Coverage: 603315's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: 603315 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 | 2024/12/29 07:20 |
| 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
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Analyst Sources
Liaoning Fu-An Heavy Industry Co.,Ltd is covered by 0 analysts. 0 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 |
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