Wolong Resources Group Balance Sheet Health
Financial Health criteria checks 5/6
Wolong Resources Group has a total shareholder equity of CN¥3.8B and total debt of CN¥228.8M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥6.0B and CN¥2.2B respectively. Wolong Resources Group's EBIT is CN¥238.3M making its interest coverage ratio -358.6. It has cash and short-term investments of CN¥454.1M.
Key information
6.0%
Debt to equity ratio
CN¥228.81m
Debt
| Interest coverage ratio | -358.6x |
| Cash | CN¥454.09m |
| Equity | CN¥3.84b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥6.04b |
Recent financial health updates
No updates
Recent updates
Wolong Resources Group Co., Ltd.'s (SHSE:600173) 26% Price Boost Is Out Of Tune With Earnings
Oct 01
Investors Don't See Light At End Of Wolong Resources Group Co., Ltd.'s (SHSE:600173) Tunnel And Push Stock Down 27%
Jun 20Some Investors May Be Willing To Look Past Wolong Resources Group's (SHSE:600173) Soft Earnings
Apr 30Wolong Resources Group Co., Ltd.'s (SHSE:600173) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Apr 08Financial Position Analysis
Short Term Liabilities: 600173's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600173's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥129.7M).
Debt to Equity History and Analysis
Debt Level: 600173 has more cash than its total debt.
Reducing Debt: 600173's debt to equity ratio has increased from 0% to 6% over the past 5 years.
Debt Coverage: 600173's debt is well covered by operating cash flow (53.1%).
Interest Coverage: 600173 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 21:43 |
| End of Day Share Price | 2025/01/10 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
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Analyst Sources
Wolong Resources Group Co., Ltd. is covered by 4 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 |
|---|---|
| Hongying Zuo | AJ Securities Co., Ltd |
| Dong Pu | Changjiang Securities Co. LTD. |
| Xiaodong Li | Ping An Securities Co. Ltd. |