Zhongrun Resources Investment Balance Sheet Health
Financial Health criteria checks 3/6
Zhongrun Resources Investment has a total shareholder equity of CN¥1.2B and total debt of CN¥85.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
6.8%
Debt to equity ratio
CN¥85.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.85m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Zhongrun Resources Investment Corporation (SZSE:000506) After Shares Rise 30%
Dec 25
Subdued Growth No Barrier To Zhongrun Resources Investment Corporation (SZSE:000506) With Shares Advancing 41%
Oct 18We Like Zhongrun Resources Investment's (SZSE:000506) Earnings For More Than Just Statutory Profit
Sep 04More Unpleasant Surprises Could Be In Store For Zhongrun Resources Investment Corporation's (SZSE:000506) Shares After Tumbling 45%
Jun 30Some Confidence Is Lacking In Zhongrun Resources Investment Corporation (SZSE:000506) As Shares Slide 25%
May 09Financial Position Analysis
Short Term Liabilities: 000506's short term assets (CN¥257.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000506's short term assets (CN¥257.7M) exceed its long term liabilities (CN¥86.8M).
Debt to Equity History and Analysis
Debt Level: 000506's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 000506's debt to equity ratio has reduced from 45% to 6.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 000506 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000506 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 13:23 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
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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
Zhongrun Resources Investment Corporation is covered by 3 analysts. 0 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 |
|---|---|
| Li Zhang | Everbright Securities Co. Ltd. |
| Lei Shi | Everbright Securities Co. Ltd. |
| Qinglin Huang | Great Wall Securities Co., Ltd. |