Guangdong Zhongnan Iron and Steel Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Zhongnan Iron and Steel has a total shareholder equity of CN¥8.3B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CN¥20.0B and CN¥11.7B respectively.
Key information
33.4%
Debt to equity ratio
CN¥2.76b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.27b |
| Equity | CN¥8.26b |
| Total liabilities | CN¥11.70b |
| Total assets | CN¥19.97b |
Recent financial health updates
Recent updates
Guangdong Zhongnan Iron and Steel Co., Ltd. (SZSE:000717) Held Back By Insufficient Growth Even After Shares Climb 27%
Dec 09
Health Check: How Prudently Does Guangdong Zhongnan Iron and Steel (SZSE:000717) Use Debt?
Dec 06Guangdong Zhongnan Iron and Steel Co., Ltd. (SZSE:000717) Held Back By Insufficient Growth Even After Shares Climb 31%
Sep 24Guangdong Zhongnan Iron and Steel Co., Ltd.'s (SZSE:000717) Share Price Is Matching Sentiment Around Its Revenues
Mar 28Financial Position Analysis
Short Term Liabilities: 000717's short term assets (CN¥3.7B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 000717's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 000717's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 000717's debt to equity ratio has reduced from 42.1% to 33.4% over the past 5 years.
Debt Coverage: 000717's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: Insufficient data to determine if 000717's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:23 |
| End of Day Share Price | 2024/12/27 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
Guangdong Zhongnan Iron and Steel Co., Ltd. is covered by 9 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Jian Yang | China Merchants Securities Co. Ltd. |
| Xizeng ZHOU | Citic Securities Co., Ltd. |