Guangdong Xianglu Tungsten Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Xianglu Tungsten has a total shareholder equity of CN¥793.5M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively.
Key information
126.8%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥87.89m |
| Equity | CN¥793.51m |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥826.3M).
Long Term Liabilities: 002842's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥407.5M).
Debt to Equity History and Analysis
Debt Level: 002842's net debt to equity ratio (115.7%) is considered high.
Reducing Debt: 002842's debt to equity ratio has increased from 105.4% to 126.8% over the past 5 years.
Debt Coverage: 002842's debt is not well covered by operating cash flow (3.6%).
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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 15:45 |
| End of Day Share Price | 2024/12/27 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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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
Guangdong Xianglu Tungsten Co., Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Bin Li | Huatai Research |
| Zhiqiang Ren | Industrial Securities Co. Ltd. |
| Chongxin Zhang | Topsperity Securities |