Zangge Mining Balance Sheet Health
Financial Health criteria checks 6/6
Zangge Mining has a total shareholder equity of CN¥14.5B and total debt of CN¥94.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥15.8B and CN¥1.4B respectively. Zangge Mining's EBIT is CN¥783.7M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.1B.
Key information
0.7%
Debt to equity ratio
CN¥94.15m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥1.05b |
| Equity | CN¥14.45b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥15.81b |
Recent financial health updates
No updates
Recent updates
At CN¥35.81, Is Zangge Mining Company Limited (SZSE:000408) Worth Looking At Closely?
Mar 31
Little Excitement Around Zangge Mining Company Limited's (SZSE:000408) Earnings
Feb 05Investors Met With Slowing Returns on Capital At Zangge Mining (SZSE:000408)
Jan 18Should You Investigate Zangge Mining Company Limited (SZSE:000408) At CN¥27.90?
Dec 30Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings
Nov 02Returns At Zangge Mining (SZSE:000408) Are On The Way Up
Oct 15Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26
Sep 02Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price
Jul 31Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)
Jun 05Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return
May 21Financial Position Analysis
Short Term Liabilities: 000408's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥864.0M).
Long Term Liabilities: 000408's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥491.9M).
Debt to Equity History and Analysis
Debt Level: 000408 has more cash than its total debt.
Reducing Debt: 000408's debt to equity ratio has reduced from 3.9% to 0.7% over the past 5 years.
Debt Coverage: 000408's debt is well covered by operating cash flow (1339.2%).
Interest Coverage: 000408 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 | 2025/05/10 20:13 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Zangge Mining Company Limited is covered by 7 analysts. 4 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 |
|---|---|
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Mengluan Liu | Guosen Securities Co., Ltd. |
| Xiaohan Sun | Haitong International Research Limited |