Baowu Magnesium Technology Balance Sheet Health
Financial Health criteria checks 3/6
Baowu Magnesium Technology has a total shareholder equity of CN¥6.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are CN¥12.7B and CN¥6.5B respectively. Baowu Magnesium Technology's EBIT is CN¥367.4M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥242.8M.
Key information
87.0%
Debt to equity ratio
CN¥5.35b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥242.79m |
| Equity | CN¥6.15b |
| Total liabilities | CN¥6.51b |
| Total assets | CN¥12.66b |
Recent financial health updates
Baowu Magnesium Technology (SZSE:002182) Takes On Some Risk With Its Use Of Debt
Dec 09
Does Baowu Magnesium Technology (SZSE:002182) Have A Healthy Balance Sheet?
Mar 26Recent updates
Baowu Magnesium Technology (SZSE:002182) Takes On Some Risk With Its Use Of Debt
Dec 09Some Investors May Be Worried About Baowu Magnesium Technology's (SZSE:002182) Returns On Capital
Aug 20Earnings Tell The Story For Baowu Magnesium Technology Co., Ltd. (SZSE:002182)
Jul 29Baowu Magnesium Technology (SZSE:002182) Is Paying Out A Larger Dividend Than Last Year
Jun 09We Think That There Are More Issues For Baowu Magnesium Technology (SZSE:002182) Than Just Sluggish Earnings
May 01Some Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 28Baowu Magnesium Technology's (SZSE:002182) Returns On Capital Not Reflecting Well On The Business
Apr 22Does Baowu Magnesium Technology (SZSE:002182) Have A Healthy Balance Sheet?
Mar 26Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Mar 07Financial Position Analysis
Short Term Liabilities: 002182's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 002182's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002182's net debt to equity ratio (83%) is considered high.
Reducing Debt: 002182's debt to equity ratio has increased from 80.5% to 87% over the past 5 years.
Debt Coverage: 002182's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 002182's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:58 |
| End of Day Share Price | 2024/12/20 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
Baowu Magnesium Technology Co., Ltd. is covered by 16 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 |
|---|---|
| Yan Chen | China International Capital Corporation Limited |
| Wenping Liu | China Merchants Securities Co. Ltd. |
| Li Shang | Citic Securities Co., Ltd. |