Chongqing Iron & Steel Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Iron & Steel has a total shareholder equity of CN¥18.5B and total debt of CN¥6.3B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are CN¥35.9B and CN¥17.5B respectively.
Key information
34.1%
Debt to equity ratio
CN¥6.28b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.54b |
| Equity | CN¥18.45b |
| Total liabilities | CN¥17.46b |
| Total assets | CN¥35.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601005's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥16.2B).
Long Term Liabilities: 601005's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601005's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 601005's debt to equity ratio has increased from 16.9% to 34.1% 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 601005 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 601005 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:03 |
| 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
Chongqing Iron & Steel Company Limited is covered by 15 analysts. 0 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 |
|---|---|
| Keith Lo | Core Pacific -Yamaichi International (H.K.) Limited |
| Kai Wang | Everbright Securities Co. Ltd. |
| Guoxian Ju | First Capital Securities Co. LTD. |