Rizhao PortLtd Balance Sheet Health
Financial Health criteria checks 0/6
Rizhao PortLtd has a total shareholder equity of CN¥16.0B and total debt of CN¥14.7B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are CN¥39.5B and CN¥23.5B respectively. Rizhao PortLtd's EBIT is CN¥1.5B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.4B.
Key information
92.3%
Debt to equity ratio
CN¥14.74b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥1.38b |
| Equity | CN¥15.97b |
| Total liabilities | CN¥23.52b |
| Total assets | CN¥39.49b |
Recent financial health updates
Rizhao PortLtd (SHSE:600017) Has No Shortage Of Debt
Jan 09
Rizhao PortLtd (SHSE:600017) Use Of Debt Could Be Considered Risky
Oct 01Recent updates
Rizhao PortLtd (SHSE:600017) Has No Shortage Of Debt
Jan 09Some Investors May Be Worried About Rizhao PortLtd's (SHSE:600017) Returns On Capital
Dec 18The Market Doesn't Like What It Sees From Rizhao Port Co.,Ltd's (SHSE:600017) Earnings Yet
Nov 21Rizhao PortLtd (SHSE:600017) Use Of Debt Could Be Considered Risky
Oct 01Rizhao Port Co.,Ltd's (SHSE:600017) Earnings Are Not Doing Enough For Some Investors
Jul 30Rizhao PortLtd's (SHSE:600017) Returns On Capital Not Reflecting Well On The Business
May 27Financial Position Analysis
Short Term Liabilities: 600017's short term assets (CN¥3.1B) do not cover its short term liabilities (CN¥8.6B).
Long Term Liabilities: 600017's short term assets (CN¥3.1B) do not cover its long term liabilities (CN¥15.0B).
Debt to Equity History and Analysis
Debt Level: 600017's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: 600017's debt to equity ratio has increased from 52.9% to 92.3% over the past 5 years.
Debt Coverage: 600017's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 600017'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 | 2025/01/22 23:10 |
| End of Day Share Price | 2025/01/22 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
Rizhao Port Co.,Ltd is covered by 18 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 |
|---|---|
| Jianping DU | BOCI Research Ltd. |
| Yichao Han | Changjiang Securities Co. LTD. |
| Xin Yang | China International Capital Corporation Limited |