Zangge Mining Company Limited

SZSE:000408 Stock Report

Market Cap: CN¥43.7b

Zangge Mining Balance Sheet Health

Financial Health criteria checks 6/6

Zangge Mining has a total shareholder equity of CN¥13.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥13.9B and CN¥672.5M respectively. Zangge Mining's EBIT is CN¥1.0B making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥827.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-0.6x
CashCN¥827.86m
EquityCN¥13.20b
Total liabilitiesCN¥672.47m
Total assetsCN¥13.87b

Recent financial health updates

No updates

Recent updates

Should You Investigate Zangge Mining Company Limited (SZSE:000408) At CN¥27.90?

Dec 30
Should You Investigate Zangge Mining Company Limited (SZSE:000408) At CN¥27.90?

Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Nov 02
Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Oct 15
Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Sep 02
Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price

Jul 31
Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price

Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)

Jun 05
Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)

Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return

May 21
Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return

Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80

Apr 17
Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80

Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price

Apr 12
Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price

Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic

Mar 25
Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic

Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Mar 22
Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?

Mar 16
Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?

Financial Position Analysis

Short Term Liabilities: 000408's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥651.5M).

Long Term Liabilities: 000408's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥21.0M).

Debt to Equity History and Analysis

Debt Level: 000408 is debt free.

Reducing Debt: 000408 has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.

Debt Coverage: 000408 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 000408 has no debt, therefore 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 Analysis2025/01/08 21:16
End of Day Share Price 2025/01/08 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

Zangge Mining Company Limited is covered by 10 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.

AnalystInstitution
Nai Di ZhaoEverbright Securities Co. Ltd.
Mengluan LiuGuosen Securities Co., Ltd.
Helen LiangHaitong International Research Limited