Sinomine Resource Group Balance Sheet Health
Financial Health criteria checks 6/6
Sinomine Resource Group has a total shareholder equity of CN¥12.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥15.4B and CN¥3.5B respectively. Sinomine Resource Group's EBIT is CN¥1.4B making its interest coverage ratio -99.5. It has cash and short-term investments of CN¥3.9B.
Key information
9.3%
Debt to equity ratio
CN¥1.11b
Debt
Interest coverage ratio | -99.5x |
Cash | CN¥3.90b |
Equity | CN¥11.96b |
Total liabilities | CN¥3.48b |
Total assets | CN¥15.43b |
Recent financial health updates
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
We 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¥7.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002738's short term assets (CN¥7.2B) 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 reduced from 37.3% to 9.3% over the past 5 years.
Debt Coverage: 002738's debt is well covered by operating cash flow (79.1%).
Interest Coverage: 002738 earns more interest than it pays, so coverage of interest payments is not a concern.