Yinchuan Xinhua Commercial (Group) Balance Sheet Health
Financial Health criteria checks 2/6
Yinchuan Xinhua Commercial (Group) has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are CN¥8.3B and CN¥6.3B respectively. Yinchuan Xinhua Commercial (Group)'s EBIT is CN¥277.4M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥454.4M.
Key information
53.9%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥454.43m |
| Equity | CN¥1.98b |
| Total liabilities | CN¥6.35b |
| Total assets | CN¥8.32b |
Recent financial health updates
No updates
Recent updates
Yinchuan Xinhua Commercial (Group) Co., Ltd.'s (SHSE:600785) Share Price Is Matching Sentiment Around Its Earnings
Dec 13
Why Investors Shouldn't Be Surprised By Yinchuan Xinhua Commercial (Group) Co., Ltd.'s (SHSE:600785) 25% Share Price Plunge
Aug 01Benign Growth For Yinchuan Xinhua Commercial (Group) Co., Ltd. (SHSE:600785) Underpins Stock's 28% Plummet
May 24We Think Yinchuan Xinhua Commercial (Group)'s (SHSE:600785) Robust Earnings Are Conservative
Mar 28Subdued Growth No Barrier To Yinchuan Xinhua Commercial (Group) Co., Ltd. (SHSE:600785) With Shares Advancing 31%
Mar 06Financial Position Analysis
Short Term Liabilities: 600785's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: 600785's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600785's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 600785's debt to equity ratio has increased from 45.9% to 53.9% over the past 5 years.
Debt Coverage: 600785's debt is well covered by operating cash flow (73.6%).
Interest Coverage: 600785's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 09:39 |
| End of Day Share Price | 2025/01/09 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
Yinchuan Xinhua Commercial (Group) Co., Ltd. is covered by 10 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 |
|---|---|
| Yunfeng Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Hao Jiang | Everbright Securities Co. Ltd. |
| Lihua Lv | First Capital Securities Co. LTD. |