Xinjiang Winka Times Department StoreLtd Balance Sheet Health
Financial Health criteria checks 2/6
Xinjiang Winka Times Department StoreLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥943.6M, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are CN¥4.2B and CN¥2.8B respectively. Xinjiang Winka Times Department StoreLtd's EBIT is CN¥148.6M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥150.7M.
Key information
68.6%
Debt to equity ratio
CN¥943.57m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥150.69m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥2.85b |
| Total assets | CN¥4.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603101's short term assets (CN¥863.1M) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603101's short term assets (CN¥863.1M) exceed its long term liabilities (CN¥313.0M).
Debt to Equity History and Analysis
Debt Level: 603101's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: 603101's debt to equity ratio has increased from 61.5% to 68.6% over the past 5 years.
Debt Coverage: 603101's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 603101's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:04 |
| 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
Xinjiang Winka Times Department Store Co.,Ltd. is covered by 1 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 |
|---|---|
| Rongcong Xu | China Merchants Securities Co. Ltd. |