Shanxi Taigang Stainless Steel Balance Sheet Health
Financial Health criteria checks 4/6
Shanxi Taigang Stainless Steel has a total shareholder equity of CN¥35.4B and total debt of CN¥9.6B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥68.9B and CN¥33.5B respectively.
Key information
27.1%
Debt to equity ratio
CN¥9.59b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.76b |
| Equity | CN¥35.39b |
| Total liabilities | CN¥33.51b |
| Total assets | CN¥68.89b |
Recent financial health updates
Does Shanxi Taigang Stainless Steel (SZSE:000825) Have A Healthy Balance Sheet?
Oct 28
Is Shanxi Taigang Stainless Steel (SZSE:000825) Using Debt In A Risky Way?
May 27Recent updates
Does Shanxi Taigang Stainless Steel (SZSE:000825) Have A Healthy Balance Sheet?
Oct 28Shanxi Taigang Stainless Steel Co., Ltd. (SZSE:000825) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 01A Look At The Fair Value Of Shanxi Taigang Stainless Steel Co., Ltd. (SZSE:000825)
Jul 22Little Excitement Around Shanxi Taigang Stainless Steel Co., Ltd.'s (SZSE:000825) Revenues
Jun 23Is Shanxi Taigang Stainless Steel (SZSE:000825) Using Debt In A Risky Way?
May 27A Look At The Fair Value Of Shanxi Taigang Stainless Steel Co., Ltd. (SZSE:000825)
Mar 25Shanxi Taigang Stainless Steel Co., Ltd. (SZSE:000825) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 28Financial Position Analysis
Short Term Liabilities: 000825's short term assets (CN¥21.6B) do not cover its short term liabilities (CN¥26.3B).
Long Term Liabilities: 000825's short term assets (CN¥21.6B) exceed its long term liabilities (CN¥7.2B).
Debt to Equity History and Analysis
Debt Level: 000825's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 000825's debt to equity ratio has reduced from 71.8% to 27.1% over the past 5 years.
Debt Coverage: 000825's debt is well covered by operating cash flow (34.8%).
Interest Coverage: Insufficient data to determine if 000825'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 08:12 |
| 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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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 Taigang Stainless Steel Co., Ltd. is covered by 19 analysts. 1 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Wei Luo | China International Capital Corporation Limited |
| Shi Bao Zhang | China Merchants Securities Co. Ltd. |