Zangge Mining Company Limited

SZSE:000408 Stock Report

Market Cap: CN¥48.1b

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

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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