Quzhou Xin'an Development Balance Sheet Health
Financial Health criteria checks 4/6
Quzhou Xin'an Development has a total shareholder equity of CN¥44.7B and total debt of CN¥36.0B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are CN¥100.9B and CN¥56.2B respectively. Quzhou Xin'an Development's EBIT is CN¥6.5B making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥6.9B.
Key information
80.7%
Debt to equity ratio
CN¥36.04b
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥6.87b |
| Equity | CN¥44.67b |
| Total liabilities | CN¥56.21b |
| Total assets | CN¥100.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600208's short term assets (CN¥44.1B) exceed its short term liabilities (CN¥43.8B).
Long Term Liabilities: 600208's short term assets (CN¥44.1B) exceed its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 600208's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: 600208's debt to equity ratio has reduced from 202.1% to 80.7% over the past 5 years.
Debt Coverage: 600208's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: 600208 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 | 2024/12/21 12:58 |
| End of Day Share Price | 2024/12/20 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
Quzhou Xin'an Development Co., Ltd. is covered by 16 analysts. 1 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 |
| Tian ShiXin | BOCI Research Ltd. |
| Jun Liu | Changjiang Securities Co. LTD. |