Dazhong Transportation (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Dazhong Transportation (Group) has a total shareholder equity of CN¥10.2B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥19.4B and CN¥9.2B respectively. Dazhong Transportation (Group)'s EBIT is CN¥297.1M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥3.8B.
Key information
64.7%
Debt to equity ratio
CN¥6.60b
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥3.85b |
| Equity | CN¥10.21b |
| Total liabilities | CN¥9.20b |
| Total assets | CN¥19.41b |
Recent financial health updates
Dazhong Transportation (Group) (SHSE:600611) Has A Somewhat Strained Balance Sheet
Jan 27
We Think Dazhong Transportation (Group) (SHSE:600611) Can Stay On Top Of Its Debt
Oct 23Recent updates
Dazhong Transportation (Group) (SHSE:600611) Has A Somewhat Strained Balance Sheet
Jan 27We Think That There Are More Issues For Dazhong Transportation (Group) (SHSE:600611) Than Just Sluggish Earnings
Nov 06We Think Dazhong Transportation (Group) (SHSE:600611) Can Stay On Top Of Its Debt
Oct 23Dazhong Transportation (Group) Co., Ltd. (SHSE:600611) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Sep 27After Leaping 131% Dazhong Transportation (Group) Co., Ltd. (SHSE:600611) Shares Are Not Flying Under The Radar
Aug 13Dazhong Transportation (Group) Co., Ltd. (SHSE:600611) Investors Are Less Pessimistic Than Expected
Jun 24Dazhong Transportation (Group)'s (SHSE:600611) Earnings Are Of Questionable Quality
Apr 05Financial Position Analysis
Short Term Liabilities: 600611's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 600611's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600611's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 600611's debt to equity ratio has increased from 41.2% to 64.7% over the past 5 years.
Debt Coverage: 600611's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 600611 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 18:00 |
| End of Day Share Price | 2025/02/14 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.
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 Github.
Analyst Sources
Dazhong Transportation (Group) Co., Ltd. is covered by 2 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 |
|---|---|
| Liu Zheng | Citic Securities Co., Ltd. |
| Yogesh Pathak | Virtua Research Inc. |