Qinghai Salt Lake IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Qinghai Salt Lake IndustryLtd has a total shareholder equity of CN¥38.1B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥49.7B and CN¥11.6B respectively. Qinghai Salt Lake IndustryLtd's EBIT is CN¥6.2B making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥15.1B.
Key information
12.1%
Debt to equity ratio
CN¥4.60b
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥15.10b |
| Equity | CN¥38.10b |
| Total liabilities | CN¥11.56b |
| Total assets | CN¥49.66b |
Recent financial health updates
Is Qinghai Salt Lake IndustryLtd (SZSE:000792) A Risky Investment?
Aug 15
Is Qinghai Salt Lake IndustryLtd (SZSE:000792) A Risky Investment?
Feb 28Recent updates
Estimating The Fair Value Of Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792)
Nov 25At CN¥17.27, Is It Time To Put Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) On Your Watch List?
Oct 17Investors Will Want Qinghai Salt Lake IndustryLtd's (SZSE:000792) Growth In ROCE To Persist
Oct 01Investors Aren't Buying Qinghai Salt Lake Industry Co.,Ltd's (SZSE:000792) Earnings
Sep 16Is Qinghai Salt Lake IndustryLtd (SZSE:000792) A Risky Investment?
Aug 15Are Investors Undervaluing Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) By 45%?
Jul 30At CN¥16.08, Is Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Worth Looking At Closely?
Jul 15What Does The Future Hold For Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792)? These Analysts Have Been Cutting Their Estimates
Jun 30Why The 21% Return On Capital At Qinghai Salt Lake IndustryLtd (SZSE:000792) Should Have Your Attention
Jun 23Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 07Qinghai Salt Lake IndustryLtd's (SZSE:000792) Conservative Accounting Might Explain Soft Earnings
Apr 05Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) Analysts Are More Bearish Than They Used To Be
Apr 02Is It Too Late To Consider Buying Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792)?
Mar 15Is Qinghai Salt Lake IndustryLtd (SZSE:000792) A Risky Investment?
Feb 28Financial Position Analysis
Short Term Liabilities: 000792's short term assets (CN¥32.5B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 000792's short term assets (CN¥32.5B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 000792 has more cash than its total debt.
Reducing Debt: 000792's debt to equity ratio has reduced from 218% to 12.1% over the past 5 years.
Debt Coverage: 000792's debt is well covered by operating cash flow (180.6%).
Interest Coverage: 000792 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 08:47 |
| 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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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
Qinghai Salt Lake Industry Co.,Ltd is covered by 31 analysts. 8 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 |
|---|---|
| Chen Tian | BOCI Research Ltd. |
| Yinxi Mei | Changjiang Securities Co. LTD. |
| Yilin Hou | China International Capital Corporation Limited |