Guangdong Xianglu Tungsten Co., Ltd.

SZSE:002842 Stock Report

Market Cap: CN¥1.6b

Guangdong Xianglu Tungsten Balance Sheet Health

Financial Health criteria checks 2/6

Guangdong Xianglu Tungsten has a total shareholder equity of CN¥814.9M and total debt of CN¥962.0M, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively.

Key information

118.1%

Debt to equity ratio

CN¥962.04m

Debt

Interest coverage ration/a
CashCN¥83.04m
EquityCN¥814.86m
Total liabilitiesCN¥1.20b
Total assetsCN¥2.01b

Recent financial health updates

No updates

Recent updates

A Piece Of The Puzzle Missing From Guangdong Xianglu Tungsten Co., Ltd.'s (SZSE:002842) 39% Share Price Climb

Mar 08
A Piece Of The Puzzle Missing From Guangdong Xianglu Tungsten Co., Ltd.'s (SZSE:002842) 39% Share Price Climb

Financial Position Analysis

Short Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥821.3M).

Long Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥378.1M).


Debt to Equity History and Analysis

Debt Level: 002842's net debt to equity ratio (107.9%) is considered high.

Reducing Debt: 002842's debt to equity ratio has increased from 76.3% to 118.1% over the past 5 years.

Debt Coverage: 002842's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 002842's interest payments on its debt are well covered by EBIT.


Balance Sheet


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