Sinomine Resource Group Balance Sheet Health
Financial Health criteria checks 6/6
Sinomine Resource Group has a total shareholder equity of CN¥12.2B and total debt of CN¥884.7M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥16.2B and CN¥4.0B respectively. Sinomine Resource Group's EBIT is CN¥774.4M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥4.0B.
Key information
7.2%
Debt to equity ratio
CN¥884.72m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥3.95b |
| Equity | CN¥12.23b |
| Total liabilities | CN¥4.02b |
| Total assets | CN¥16.25b |
Recent financial health updates
Here's Why Sinomine Resource Group (SZSE:002738) Can Manage Its Debt Responsibly
Oct 22
We Think Sinomine Resource Group (SZSE:002738) Can Stay On Top Of Its Debt
Jul 17Sinomine Resource Group (SZSE:002738) Seems To Use Debt Rather Sparingly
Feb 29Recent updates
Earnings Troubles May Signal Larger Issues for Sinomine Resource Group (SZSE:002738) Shareholders
Nov 04Here's Why Sinomine Resource Group (SZSE:002738) Can Manage Its Debt Responsibly
Oct 22Investors Will Want Sinomine Resource Group's (SZSE:002738) Growth In ROCE To Persist
Sep 25We Think Sinomine Resource Group (SZSE:002738) Can Stay On Top Of Its Debt
Jul 17Sinomine Resource Group Co., Ltd.'s (SZSE:002738) Low P/E No Reason For Excitement
Jul 01Sinomine Resource Group Co., Ltd. (SZSE:002738) Shares Could Be 27% Above Their Intrinsic Value Estimate
Jun 11Sinomine Resource Group (SZSE:002738) Will Pay A Dividend Of CN¥1.00
May 27These Analysts Just Made A Downgrade To Their Sinomine Resource Group Co., Ltd. (SZSE:002738) EPS Forecasts
May 01Investors Should Be Encouraged By Sinomine Resource Group's (SZSE:002738) Returns On Capital
Apr 23Should You Be Adding Sinomine Resource Group (SZSE:002738) To Your Watchlist Today?
Apr 06Sinomine Resource Group Co., Ltd.'s (SZSE:002738) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 04Sinomine Resource Group (SZSE:002738) Seems To Use Debt Rather Sparingly
Feb 29Financial Position Analysis
Short Term Liabilities: 002738's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002738's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002738 has more cash than its total debt.
Reducing Debt: 002738's debt to equity ratio has reduced from 24.5% to 7.2% over the past 5 years.
Debt Coverage: 002738's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 002738 earns more interest than it pays, so coverage of interest payments is not a concern.