Pangang Group Vanadium & Titanium Resources Balance Sheet Health
Financial Health criteria checks 6/6
Pangang Group Vanadium & Titanium Resources has a total shareholder equity of CN¥12.8B and total debt of CN¥66.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥15.2B and CN¥2.4B respectively. Pangang Group Vanadium & Titanium Resources's EBIT is CN¥374.1M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥1.5B.
Key information
0.5%
Debt to equity ratio
CN¥66.00m
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥1.49b |
| Equity | CN¥12.77b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥15.22b |
Recent financial health updates
Does Pangang Group Vanadium & Titanium Resources (SZSE:000629) Have A Healthy Balance Sheet?
Dec 18
Here's Why Pangang Group Vanadium & Titanium Resources (SZSE:000629) Can Manage Its Debt Responsibly
Aug 19These 4 Measures Indicate That Pangang Group Vanadium & Titanium Resources (SZSE:000629) Is Using Debt Reasonably Well
Apr 29Recent updates
Does Pangang Group Vanadium & Titanium Resources (SZSE:000629) Have A Healthy Balance Sheet?
Dec 18Some Investors May Be Willing To Look Past Pangang Group Vanadium & Titanium Resources' (SZSE:000629) Soft Earnings
Oct 24Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Sep 30Here's Why Pangang Group Vanadium & Titanium Resources (SZSE:000629) Can Manage Its Debt Responsibly
Aug 19Earnings Not Telling The Story For Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629)
Jul 23These 4 Measures Indicate That Pangang Group Vanadium & Titanium Resources (SZSE:000629) Is Using Debt Reasonably Well
Apr 29Pangang Group Vanadium & Titanium Resources' (SZSE:000629) Problems Go Beyond Weak Profit
Apr 01These Analysts Just Made A Meaningful Downgrade To Their Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629) EPS Forecasts
Mar 31Pangang Group Vanadium & Titanium Resources Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 29Sentiment Still Eluding Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629)
Mar 21Financial Position Analysis
Short Term Liabilities: 000629's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 000629's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥607.9M).
Debt to Equity History and Analysis
Debt Level: 000629 has more cash than its total debt.
Reducing Debt: 000629's debt to equity ratio has reduced from 14.4% to 0.5% over the past 5 years.
Debt Coverage: 000629's debt is well covered by operating cash flow (906.8%).
Interest Coverage: 000629 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 | 2024/12/23 02:11 |
| End of Day Share Price | 2024/12/23 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 |
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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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Pangang Group Vanadium & Titanium Resources Co., Ltd. is covered by 13 analysts. 3 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 |
|---|---|
| Minle Xu | BOCI Research Ltd. |
| He Tao Wang | Changjiang Securities Co. LTD. |
| Wei Chai | China International Capital Corporation Limited |