China Kings Resources Group Co.,Ltd.

SHSE:603505 Stock Report

Market Cap: CN¥15.4b

China Kings Resources GroupLtd Balance Sheet Health

Financial Health criteria checks 2/6

China Kings Resources GroupLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are CN¥6.5B and CN¥4.3B respectively. China Kings Resources GroupLtd's EBIT is CN¥367.7M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥425.1M.

Key information

117.9%

Debt to equity ratio

CN¥2.62b

Debt

Interest coverage ratio-5.8x
CashCN¥425.08m
EquityCN¥2.22b
Total liabilitiesCN¥4.31b
Total assetsCN¥6.53b

Recent financial health updates

Recent updates

Why Investors Shouldn't Be Surprised By China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E

Dec 31
Why Investors Shouldn't Be Surprised By China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E

Is China Kings Resources GroupLtd (SHSE:603505) Using Too Much Debt?

Dec 05
Is China Kings Resources GroupLtd (SHSE:603505) Using Too Much Debt?

China Kings Resources GroupLtd (SHSE:603505) Strong Profits May Be Masking Some Underlying Issues

Nov 04
China Kings Resources GroupLtd (SHSE:603505) Strong Profits May Be Masking Some Underlying Issues

If EPS Growth Is Important To You, China Kings Resources GroupLtd (SHSE:603505) Presents An Opportunity

Oct 28
If EPS Growth Is Important To You, China Kings Resources GroupLtd (SHSE:603505) Presents An Opportunity

China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E Is Still On The Mark Following 26% Share Price Bounce

Sep 27
China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E Is Still On The Mark Following 26% Share Price Bounce

China Kings Resources GroupLtd (SHSE:603505) Will Want To Turn Around Its Return Trends

Sep 23
China Kings Resources GroupLtd (SHSE:603505) Will Want To Turn Around Its Return Trends

The Returns On Capital At China Kings Resources GroupLtd (SHSE:603505) Don't Inspire Confidence

Jun 24
The Returns On Capital At China Kings Resources GroupLtd (SHSE:603505) Don't Inspire Confidence

Why Investors Shouldn't Be Surprised By China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E

Jun 10
Why Investors Shouldn't Be Surprised By China Kings Resources Group Co.,Ltd.'s (SHSE:603505) P/E

Does China Kings Resources GroupLtd (SHSE:603505) Have A Healthy Balance Sheet?

May 13
Does China Kings Resources GroupLtd (SHSE:603505) Have A Healthy Balance Sheet?

We Think You Should Be Aware Of Some Concerning Factors In China Kings Resources GroupLtd's (SHSE:603505) Earnings

Apr 29
We Think You Should Be Aware Of Some Concerning Factors In China Kings Resources GroupLtd's (SHSE:603505) Earnings

Calculating The Fair Value Of China Kings Resources Group Co.,Ltd. (SHSE:603505)

Apr 02
Calculating The Fair Value Of China Kings Resources Group Co.,Ltd. (SHSE:603505)

Be Wary Of China Kings Resources GroupLtd (SHSE:603505) And Its Returns On Capital

Mar 18
Be Wary Of China Kings Resources GroupLtd (SHSE:603505) And Its Returns On Capital

China Kings Resources Group Co.,Ltd. (SHSE:603505) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Mar 04
China Kings Resources Group Co.,Ltd. (SHSE:603505) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Financial Position Analysis

Short Term Liabilities: 603505's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥3.2B).

Long Term Liabilities: 603505's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.1B).


Debt to Equity History and Analysis

Debt Level: 603505's net debt to equity ratio (98.8%) is considered high.

Reducing Debt: 603505's debt to equity ratio has increased from 38.7% to 117.9% over the past 5 years.

Debt Coverage: 603505's debt is not well covered by operating cash flow (6.7%).

Interest Coverage: 603505 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

DataLast Updated (UTC time)
Company Analysis2025/01/21 20:35
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

China Kings Resources Group Co.,Ltd. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chao FanChangjiang Securities Co. LTD.
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Zhe WangCitic Securities Co., Ltd.