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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:46 |
| 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
Sinomine Resource Group Co., Ltd. is covered by 18 analysts. 9 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 |
|---|---|
| Ce Zhou | Chasing Securities |
| Hua Li | China Galaxy Securities Co., Ltd. |
| Jiaming Zhang | China International Capital Corporation Limited |