Nanjing Chixia DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Nanjing Chixia DevelopmentLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 274.2%. Its total assets and total liabilities are CN¥23.5B and CN¥19.2B respectively.
Key information
274.2%
Debt to equity ratio
CN¥11.70b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.75b |
| Equity | CN¥4.27b |
| Total liabilities | CN¥19.22b |
| Total assets | CN¥23.49b |
Recent financial health updates
No updates
Recent updates
Nanjing Chixia Development Co.,Ltd.'s (SHSE:600533) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Dec 12
There's No Escaping Nanjing Chixia Development Co.,Ltd.'s (SHSE:600533) Muted Revenues Despite A 29% Share Price Rise
Sep 26Investors Don't See Light At End Of Nanjing Chixia Development Co.,Ltd.'s (SHSE:600533) Tunnel And Push Stock Down 25%
Jun 21Nanjing Chixia Development Co.,Ltd. (SHSE:600533) Screens Well But There Might Be A Catch
Apr 15Financial Position Analysis
Short Term Liabilities: 600533's short term assets (CN¥20.9B) exceed its short term liabilities (CN¥12.4B).
Long Term Liabilities: 600533's short term assets (CN¥20.9B) exceed its long term liabilities (CN¥6.8B).
Debt to Equity History and Analysis
Debt Level: 600533's net debt to equity ratio (233.2%) is considered high.
Reducing Debt: 600533's debt to equity ratio has increased from 254% to 274.2% over the past 5 years.
Debt Coverage: 600533's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600533's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:27 |
| End of Day Share Price | 2024/12/23 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
Nanjing Chixia Development Co.,Ltd. is covered by 7 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 |
|---|---|
| Jianxiong Wu | Central China Securities Co., Ltd. |
| Jun Liu | Changjiang Securities Co. LTD. |
| Jing Ning | China International Capital Corporation Limited |