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
No updates
Recent updates
Financial 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 | 2024/12/27 10:21 |
| End of Day Share Price | 2024/12/27 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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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. |