Luxi Chemical Group Balance Sheet Health
Financial Health criteria checks 3/6
Luxi Chemical Group has a total shareholder equity of CN¥18.4B and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are CN¥35.9B and CN¥17.5B respectively. Luxi Chemical Group's EBIT is CN¥2.5B making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥514.4M.
Key information
65.3%
Debt to equity ratio
CN¥12.02b
Debt
| Interest coverage ratio | 15.3x |
| Cash | CN¥514.40m |
| Equity | CN¥18.39b |
| Total liabilities | CN¥17.50b |
| Total assets | CN¥35.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000830's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥10.6B).
Long Term Liabilities: 000830's short term assets (CN¥2.8B) do not cover its long term liabilities (CN¥6.8B).
Debt to Equity History and Analysis
Debt Level: 000830's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: 000830's debt to equity ratio has reduced from 130% to 65.3% over the past 5 years.
Debt Coverage: 000830's debt is well covered by operating cash flow (38.7%).
Interest Coverage: 000830's interest payments on its debt are well covered by EBIT (15.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:35 |
| End of Day Share Price | 2024/12/24 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
Luxi Chemical Group Co., Ltd. is covered by 13 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 |
|---|---|
| Quanzhi Lu | Avic Securities Co., Ltd |
| Kaiming Fu | China International Capital Corporation Limited |
| Qichao Zhao | China International Capital Corporation Limited |