Sansteel MinGuangLtd.Fujian Balance Sheet Health
Financial Health criteria checks 1/6
Sansteel MinGuangLtd.Fujian has a total shareholder equity of CN¥19.3B and total debt of CN¥17.9B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are CN¥52.8B and CN¥33.5B respectively.
Key information
92.7%
Debt to equity ratio
CN¥17.85b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.64b |
| Equity | CN¥19.26b |
| Total liabilities | CN¥33.49b |
| Total assets | CN¥52.75b |
Recent financial health updates
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Weighed On By Its Debt Load?
Oct 28
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Using Debt Sensibly?
May 23Recent updates
Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Weighed On By Its Debt Load?
Oct 28Sansteel MinGuang Co.,Ltd.,Fujian's (SZSE:002110) Prospects Need A Boost To Lift Shares
Jul 25Is Sansteel MinGuangLtd.Fujian (SZSE:002110) Using Debt Sensibly?
May 23The Returns On Capital At Sansteel MinGuangLtd.Fujian (SZSE:002110) Don't Inspire Confidence
Mar 04Financial Position Analysis
Short Term Liabilities: 002110's short term assets (CN¥18.8B) do not cover its short term liabilities (CN¥29.5B).
Long Term Liabilities: 002110's short term assets (CN¥18.8B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 002110's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: 002110's debt to equity ratio has increased from 7.5% to 92.7% over the past 5 years.
Debt Coverage: 002110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002110'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 | 2024/12/29 06:55 |
| 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 |
| |
| 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
Sansteel MinGuang Co.,Ltd.,Fujian is covered by 10 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. |
| Shi Bao Zhang | China Merchants Securities Co. Ltd. |
| Zhaohua Wang | Everbright Securities Co. Ltd. |