GuoCheng MiningLTD Balance Sheet Health
Financial Health criteria checks 2/6
GuoCheng MiningLTD has a total shareholder equity of CN¥3.4B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are CN¥9.1B and CN¥5.7B respectively. GuoCheng MiningLTD's EBIT is CN¥258.0M making its interest coverage ratio 37.8. It has cash and short-term investments of CN¥221.2M.
Key information
70.3%
Debt to equity ratio
CN¥2.40b
Debt
| Interest coverage ratio | 37.8x |
| Cash | CN¥221.19m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥5.71b |
| Total assets | CN¥9.12b |
Recent financial health updates
Recent updates
The Returns On Capital At GuoCheng MiningLTD (SZSE:000688) Don't Inspire Confidence
Dec 31
Some Confidence Is Lacking In GuoCheng Mining CO.,LTD (SZSE:000688) As Shares Slide 26%
Jun 30GuoCheng MiningLTD (SZSE:000688) Is Reinvesting At Lower Rates Of Return
Jun 15These 4 Measures Indicate That GuoCheng MiningLTD (SZSE:000688) Is Using Debt Extensively
May 25Investors Can Find Comfort In GuoCheng MiningLTD's (SZSE:000688) Earnings Quality
May 03GuoCheng Mining CO.,LTD's (SZSE:000688) 29% Share Price Surge Not Quite Adding Up
Mar 19Financial Position Analysis
Short Term Liabilities: 000688's short term assets (CN¥543.9M) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 000688's short term assets (CN¥543.9M) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 000688's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 000688's debt to equity ratio has increased from 0% to 70.3% over the past 5 years.
Debt Coverage: 000688's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 000688's interest payments on its debt are well covered by EBIT (37.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 18:12 |
| End of Day Share Price | 2025/01/03 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GuoCheng Mining CO.,LTD is covered by 1 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 |
|---|---|
| Zu Xue Qiu | Industrial Securities Co. Ltd. |