Maanshan Iron & Steel Company Limited

XSSC:600808 Stock Report

Market Cap: CN¥16.0b

Maanshan Iron & Steel Balance Sheet Health

Financial Health criteria checks 1/6

Maanshan Iron & Steel has a total shareholder equity of CN¥29.5B and total debt of CN¥21.5B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CN¥81.4B and CN¥51.9B respectively.

Key information

72.8%

Debt to equity ratio

CN¥21.48b

Debt

Interest coverage ration/a
CashCN¥6.91b
EquityCN¥29.51b
Total liabilitiesCN¥51.88b
Total assetsCN¥81.39b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600808's short term assets (CN¥20.7B) do not cover its short term liabilities (CN¥43.1B).

Long Term Liabilities: 600808's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥8.8B).


Debt to Equity History and Analysis

Debt Level: 600808's net debt to equity ratio (49.4%) is considered high.

Reducing Debt: 600808's debt to equity ratio has increased from 57.3% to 72.8% over the past 5 years.

Debt Coverage: 600808's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: Insufficient data to determine if 600808's interest payments on its debt are well covered by EBIT.


Balance Sheet


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