Rising Nonferrous Metals Share Co.,Ltd.

XSSC:600259 Stock Report

Market Cap: CN¥11.6b

Rising Nonferrous Metals ShareLtd Balance Sheet Health

Financial Health criteria checks 6/6

Rising Nonferrous Metals ShareLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are CN¥8.4B and CN¥4.7B respectively.

Key information

56.8%

Debt to equity ratio

CN¥2.09b

Debt

Interest coverage ration/a
CashCN¥846.19m
EquityCN¥3.67b
Total liabilitiesCN¥4.74b
Total assetsCN¥8.41b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600259's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.4B).

Long Term Liabilities: 600259's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥1.3B).


Debt to Equity History and Analysis

Debt Level: 600259's net debt to equity ratio (33.8%) is considered satisfactory.

Reducing Debt: 600259's debt to equity ratio has reduced from 63.9% to 56.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 600259 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 600259 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.5% per year.


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