Ninestar Balance Sheet Health
Financial Health criteria checks 5/6
Ninestar has a total shareholder equity of CN¥10.8B and total debt of CN¥12.4B, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are CN¥37.6B and CN¥26.8B respectively. Ninestar's EBIT is CN¥1.6B making its interest coverage ratio 3. It has cash and short-term investments of CN¥6.5B.
Key information
114.6%
Debt to equity ratio
CN¥12.35b
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥6.51b |
| Equity | CN¥10.78b |
| Total liabilities | CN¥26.85b |
| Total assets | CN¥37.63b |
Recent financial health updates
Is Ninestar (SZSE:002180) A Risky Investment?
Oct 30
Ninestar (SZSE:002180) Has A Somewhat Strained Balance Sheet
Jun 17Recent updates
Is Ninestar (SZSE:002180) A Risky Investment?
Oct 30Investors Still Aren't Entirely Convinced By Ninestar Corporation's (SZSE:002180) Revenues Despite 39% Price Jump
Oct 08Calculating The Fair Value Of Ninestar Corporation (SZSE:002180)
Sep 23Ninestar (SZSE:002180) Has A Somewhat Strained Balance Sheet
Jun 17Ninestar Corporation (SZSE:002180) Stock Rockets 35% But Many Are Still Ignoring The Company
May 21Earnings Miss: Ninestar Corporation Missed EPS And Analysts Are Revising Their Forecasts
Apr 30Investors Appear Satisfied With Ninestar Corporation's (SZSE:002180) Prospects As Shares Rocket 27%
Feb 29Financial Position Analysis
Short Term Liabilities: 002180's short term assets (CN¥19.1B) exceed its short term liabilities (CN¥12.0B).
Long Term Liabilities: 002180's short term assets (CN¥19.1B) exceed its long term liabilities (CN¥14.8B).
Debt to Equity History and Analysis
Debt Level: 002180's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: 002180's debt to equity ratio has reduced from 141.2% to 114.6% over the past 5 years.
Debt Coverage: 002180's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 002180's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:35 |
| End of Day Share Price | 2024/12/26 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ninestar Corporation is covered by 10 analysts. 5 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 |
|---|---|
| Wen Yu Mo | Changjiang Securities Co. LTD. |
| Ruochen Zang | China International Capital Corporation Limited |
| Tao Xu | Citic Securities Co., Ltd. |