Sinomine Resource Group Balance Sheet Health
Financial Health criteria checks 5/6
Sinomine Resource Group has a total shareholder equity of CN¥12.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥15.5B and CN¥3.1B respectively. Sinomine Resource Group's EBIT is CN¥1.5B making its interest coverage ratio -660.4. It has cash and short-term investments of CN¥4.4B.
Key information
10.6%
Debt to equity ratio
CN¥1.32b
Debt
| Interest coverage ratio | -660.4x |
| Cash | CN¥4.44b |
| Equity | CN¥12.45b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥15.51b |
Recent financial health updates
Recent updates
Sinomine Resource Group (SZSE:002738) Will Pay A Dividend Of CN¥1.00
May 27
These 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¥1.8B).
Long Term Liabilities: 002738's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥1.3B).
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 increased from 9.6% to 10.6% over the past 5 years.
Debt Coverage: 002738's debt is well covered by operating cash flow (186.5%).
Interest Coverage: 002738 earns more interest than it pays, so coverage of interest payments is not a concern.