Wolong Resources Group Co., Ltd.

SHSE:600173 Stock Report

Market Cap: CN¥2.4b

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¥434.5M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥6.3B and CN¥2.5B respectively. Wolong Resources Group's EBIT is CN¥205.9M making its interest coverage ratio -49.6. It has cash and short-term investments of CN¥520.2M.

Key information

11.3%

Debt to equity ratio

CN¥434.45m

Debt

Interest coverage ratio-49.6x
CashCN¥520.24m
EquityCN¥3.83b
Total liabilitiesCN¥2.48b
Total assetsCN¥6.32b

Recent financial health updates

No updates

Recent updates

Investors Don't See Light At End Of Wolong Resources Group Co., Ltd.'s (SHSE:600173) Tunnel And Push Stock Down 27%

Jun 20
Investors Don't See Light At End Of Wolong Resources Group Co., Ltd.'s (SHSE:600173) Tunnel And Push Stock Down 27%

Some Investors May Be Willing To Look Past Wolong Resources Group's (SHSE:600173) Soft Earnings

Apr 30
Some Investors May Be Willing To Look Past Wolong Resources Group's (SHSE:600173) Soft Earnings

Wolong Resources Group Co., Ltd.'s (SHSE:600173) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Apr 08
Wolong Resources Group Co., Ltd.'s (SHSE:600173) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Financial Position Analysis

Short Term Liabilities: 600173's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥2.4B).

Long Term Liabilities: 600173's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥104.4M).


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 reduced from 15.9% to 11.3% over the past 5 years.

Debt Coverage: 600173's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600173 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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