Shanxi Meijin EnergyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shanxi Meijin EnergyLtd has a total shareholder equity of CN¥16.1B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are CN¥43.5B and CN¥27.4B respectively.
Key information
54.2%
Debt to equity ratio
CN¥8.73b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.68b |
| Equity | CN¥16.11b |
| Total liabilities | CN¥27.44b |
| Total assets | CN¥43.55b |
Recent financial health updates
Is Shanxi Meijin EnergyLtd (SZSE:000723) Using Debt In A Risky Way?
Dec 05
Shanxi Meijin EnergyLtd (SZSE:000723) Is Carrying A Fair Bit Of Debt
Jun 03These 4 Measures Indicate That Shanxi Meijin EnergyLtd (SZSE:000723) Is Using Debt Extensively
Mar 01Recent updates
Is Shanxi Meijin EnergyLtd (SZSE:000723) Using Debt In A Risky Way?
Dec 05Investors Still Aren't Entirely Convinced By Shanxi Meijin Energy Co.,Ltd.'s (SZSE:000723) Revenues Despite 29% Price Jump
Sep 30Shanxi Meijin Energy Co.,Ltd.'s (SZSE:000723) Subdued P/S Might Signal An Opportunity
Aug 14Shanxi Meijin EnergyLtd (SZSE:000723) Is Carrying A Fair Bit Of Debt
Jun 03Here's What's Concerning About Shanxi Meijin EnergyLtd's (SZSE:000723) Returns On Capital
Apr 22Earnings Not Telling The Story For Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) After Shares Rise 46%
Mar 03These 4 Measures Indicate That Shanxi Meijin EnergyLtd (SZSE:000723) Is Using Debt Extensively
Mar 01Financial Position Analysis
Short Term Liabilities: 000723's short term assets (CN¥9.2B) do not cover its short term liabilities (CN¥17.9B).
Long Term Liabilities: 000723's short term assets (CN¥9.2B) do not cover its long term liabilities (CN¥9.5B).
Debt to Equity History and Analysis
Debt Level: 000723's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 000723's debt to equity ratio has increased from 30.4% to 54.2% over the past 5 years.
Debt Coverage: 000723's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: Insufficient data to determine if 000723'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 | 2024/12/19 19:17 |
| End of Day Share Price | 2024/12/19 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shanxi Meijin Energy Co.,Ltd. is covered by 7 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 |
|---|---|
| Guopeng Gu | Citic Securities Co., Ltd. |
| Chengguang Jian | Everbright Securities Co. Ltd. |
| Han Fu | J.P. Morgan |