Changzhou Almaden Balance Sheet Health
Financial Health criteria checks 3/6
Changzhou Almaden has a total shareholder equity of CN¥3.2B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥5.6B and CN¥2.4B respectively.
Key information
42.6%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.78b |
| Equity | CN¥3.15b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥5.60b |
Recent financial health updates
No updates
Recent updates
Why We're Not Concerned About Changzhou Almaden Co., Ltd.'s (SZSE:002623) Share Price
Sep 30
Changzhou Almaden (SZSE:002623) Has Announced That It Will Be Increasing Its Dividend To CN¥0.50
May 24Changzhou Almaden's (SZSE:002623) Soft Earnings Are Actually Better Than They Appear
May 03Analysts Just Slashed Their Changzhou Almaden Co., Ltd. (SZSE:002623) EPS Numbers
Apr 30Estimating The Intrinsic Value Of Changzhou Almaden Co., Ltd. (SZSE:002623)
Apr 17After Leaping 31% Changzhou Almaden Co., Ltd. (SZSE:002623) Shares Are Not Flying Under The Radar
Mar 07Financial Position Analysis
Short Term Liabilities: 002623's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002623's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥741.3M).
Debt to Equity History and Analysis
Debt Level: 002623 has more cash than its total debt.
Reducing Debt: 002623's debt to equity ratio has increased from 38.7% to 42.6% over the past 5 years.
Debt Coverage: 002623's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: Insufficient data to determine if 002623'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 | 2025/01/04 01:58 |
| End of Day Share Price | 2025/01/03 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
Changzhou Almaden Co., Ltd. is covered by 8 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 |
|---|---|
| Jin Ming Liu | Bohai Securities Co., Ltd. |
| Chao Fan | Changjiang Securities Co. LTD. |
| Jingjing Wang | China Merchants Securities Co. Ltd. |