Shenzhen Zhongjin Lingnan Nonfemet Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Zhongjin Lingnan Nonfemet has a total shareholder equity of CN¥17.1B and total debt of CN¥15.9B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are CN¥45.5B and CN¥28.3B respectively. Shenzhen Zhongjin Lingnan Nonfemet's EBIT is CN¥1.7B making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥6.2B.
Key information
92.6%
Debt to equity ratio
CN¥15.87b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥6.21b |
| Equity | CN¥17.13b |
| Total liabilities | CN¥28.33b |
| Total assets | CN¥45.47b |
Recent financial health updates
Recent updates
Shenzhen Zhongjin Lingnan Nonfemet's (SZSE:000060) Dividend Will Be Reduced To CN¥0.056
Jul 05
Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) May Have Issues Allocating Its Capital
Jul 01Does Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Have A Healthy Balance Sheet?
Jun 11Investors Continue Waiting On Sidelines For Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (SZSE:000060)
Apr 17Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Is Reinvesting At Lower Rates Of Return
Mar 26Financial Position Analysis
Short Term Liabilities: 000060's short term assets (CN¥18.7B) exceed its short term liabilities (CN¥11.8B).
Long Term Liabilities: 000060's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥16.5B).
Debt to Equity History and Analysis
Debt Level: 000060's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 000060's debt to equity ratio has increased from 49.1% to 92.6% over the past 5 years.
Debt Coverage: 000060's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 000060's interest payments on its debt are well covered by EBIT (3.9x coverage).