Limin GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Limin GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are CN¥6.8B and CN¥4.1B respectively. Limin GroupLtd's EBIT is CN¥151.1M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥775.3M.
Key information
94.3%
Debt to equity ratio
CN¥2.55b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥775.30m |
| Equity | CN¥2.71b |
| Total liabilities | CN¥4.07b |
| Total assets | CN¥6.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002734's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 002734's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002734's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: 002734's debt to equity ratio has increased from 44.5% to 94.3% over the past 5 years.
Debt Coverage: 002734's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 002734's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 06:36 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Limin Group Co.,Ltd. is covered by 9 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 |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Ding Leilei | Chasing Securities |
| Hui Li | China Merchants Securities Co. Ltd. |