Dazhong Mining Balance Sheet Health
Financial Health criteria checks 3/6
Dazhong Mining has a total shareholder equity of CN¥6.6B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are CN¥15.1B and CN¥8.5B respectively. Dazhong Mining's EBIT is CN¥1.4B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥670.4M.
Key information
103.2%
Debt to equity ratio
CN¥6.78b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥670.37m |
| Equity | CN¥6.56b |
| Total liabilities | CN¥8.52b |
| Total assets | CN¥15.08b |
Recent financial health updates
Is Dazhong Mining (SZSE:001203) A Risky Investment?
Dec 09
We Think Inner Mongolia Dazhong Mining (SZSE:001203) Is Taking Some Risk With Its Debt
Jul 17Is Inner Mongolia Dazhong Mining (SZSE:001203) Using Too Much Debt?
Apr 17Recent updates
Is Dazhong Mining (SZSE:001203) A Risky Investment?
Dec 09Dazhong Mining Co., Ltd.'s (SZSE:001203) Price Is Right But Growth Is Lacking
Nov 18Capital Allocation Trends At Dazhong Mining (SZSE:001203) Aren't Ideal
Sep 25We Think Inner Mongolia Dazhong Mining (SZSE:001203) Is Taking Some Risk With Its Debt
Jul 17Returns On Capital At Inner Mongolia Dazhong Mining (SZSE:001203) Have Stalled
Jun 26Earnings Working Against Inner Mongolia Dazhong Mining Co., Ltd.'s (SZSE:001203) Share Price
Jun 03Is Inner Mongolia Dazhong Mining (SZSE:001203) Using Too Much Debt?
Apr 17We Think You Should Be Aware Of Some Concerning Factors In Inner Mongolia Dazhong Mining's (SZSE:001203) Earnings
Mar 25Investors Could Be Concerned With Inner Mongolia Dazhong Mining's (SZSE:001203) Returns On Capital
Mar 11Financial Position Analysis
Short Term Liabilities: 001203's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥5.3B).
Long Term Liabilities: 001203's short term assets (CN¥1.7B) do not cover its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 001203's net debt to equity ratio (93%) is considered high.
Reducing Debt: 001203's debt to equity ratio has reduced from 287.8% to 103.2% over the past 5 years.
Debt Coverage: 001203's debt is well covered by operating cash flow (28.4%).
Interest Coverage: 001203's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:59 |
| 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
Dazhong Mining Co., Ltd. is covered by 3 analysts. 3 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 |
|---|---|
| Chong Ao | Citic Securities Co., Ltd. |
| Zu Xue Qiu | Minsheng Securities Co. |
| Kun Zhai | Topsperity Securities |