Xiamen TungstenLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen TungstenLtd has a total shareholder equity of CN¥20.2B and total debt of CN¥12.1B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥41.3B and CN¥21.2B respectively. Xiamen TungstenLtd's EBIT is CN¥3.1B making its interest coverage ratio 33.4. It has cash and short-term investments of CN¥4.0B.
Key information
60.0%
Debt to equity ratio
CN¥12.09b
Debt
| Interest coverage ratio | 33.4x |
| Cash | CN¥3.98b |
| Equity | CN¥20.15b |
| Total liabilities | CN¥21.20b |
| Total assets | CN¥41.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600549's short term assets (CN¥20.7B) exceed its short term liabilities (CN¥13.7B).
Long Term Liabilities: 600549's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 600549's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 600549's debt to equity ratio has reduced from 91.1% to 60% over the past 5 years.
Debt Coverage: 600549's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 600549's interest payments on its debt are well covered by EBIT (33.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:42 |
| 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
Xiamen Tungsten Co.,Ltd. is covered by 24 analysts. 4 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 |
|---|---|
| Fuzheng Wei | Avic Securities Co., Ltd |
| Jun Ge | Changjiang Securities Co. LTD. |
| Zheng Wang | China International Capital Corporation Limited |