Jiangxi Wannianqing Cement Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Wannianqing Cement has a total shareholder equity of CN¥10.3B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are CN¥16.4B and CN¥6.1B respectively. Jiangxi Wannianqing Cement's EBIT is CN¥30.0M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥4.1B.
Key information
23.5%
Debt to equity ratio
CN¥2.42b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥4.14b |
| Equity | CN¥10.32b |
| Total liabilities | CN¥6.08b |
| Total assets | CN¥16.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000789's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 000789's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 000789 has more cash than its total debt.
Reducing Debt: 000789's debt to equity ratio has increased from 15.4% to 23.5% over the past 5 years.
Debt Coverage: 000789's debt is well covered by operating cash flow (26.5%).
Interest Coverage: 000789's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:50 |
| End of Day Share Price | 2024/12/30 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
Jiangxi Wannianqing Cement Co., Ltd. is covered by 12 analysts. 3 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 |
|---|---|
| Yong Chao Xu | China Minzu Securities |
| Mingxin Sun | Citic Securities Co., Ltd. |
| Haowu Chen | Everbright Securities Co. Ltd. |