Tongling Nonferrous Metals GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tongling Nonferrous Metals GroupLtd has a total shareholder equity of CN¥41.7B and total debt of CN¥25.9B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are CN¥85.8B and CN¥44.1B respectively. Tongling Nonferrous Metals GroupLtd's EBIT is CN¥5.9B making its interest coverage ratio 11.1. It has cash and short-term investments of CN¥11.3B.
Key information
62.1%
Debt to equity ratio
CN¥25.91b
Debt
| Interest coverage ratio | 11.1x |
| Cash | CN¥11.32b |
| Equity | CN¥41.74b |
| Total liabilities | CN¥44.07b |
| Total assets | CN¥85.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000630's short term assets (CN¥47.1B) exceed its short term liabilities (CN¥28.8B).
Long Term Liabilities: 000630's short term assets (CN¥47.1B) exceed its long term liabilities (CN¥15.3B).
Debt to Equity History and Analysis
Debt Level: 000630's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 000630's debt to equity ratio has reduced from 84.2% to 62.1% over the past 5 years.
Debt Coverage: 000630's debt is not well covered by operating cash flow (16%).
Interest Coverage: 000630's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:53 |
| 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
Tongling Nonferrous Metals Group Co.,Ltd. is covered by 25 analysts. 6 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 |
|---|---|
| Yukun LE | BOCI Research Ltd. |
| Jun Ge | Changjiang Securities Co. LTD. |
| Liang Long | Chasing Securities |