Daqin Railway Balance Sheet Health
Financial Health criteria checks 5/6
Daqin Railway has a total shareholder equity of CN¥170.7B and total debt of CN¥22.5B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥209.8B and CN¥39.1B respectively. Daqin Railway's EBIT is CN¥11.5B making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥63.2B.
Key information
13.2%
Debt to equity ratio
CN¥22.46b
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥63.16b |
| Equity | CN¥170.66b |
| Total liabilities | CN¥39.12b |
| Total assets | CN¥209.78b |
Recent financial health updates
These 4 Measures Indicate That Daqin Railway (SHSE:601006) Is Using Debt Reasonably Well
Oct 04
Daqin Railway (SHSE:601006) Has A Rock Solid Balance Sheet
Jun 28Recent updates
There's No Escaping Daqin Railway Co., Ltd.'s (SHSE:601006) Muted Earnings
Nov 27Daqin Railway's (SHSE:601006) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 05These 4 Measures Indicate That Daqin Railway (SHSE:601006) Is Using Debt Reasonably Well
Oct 04Is Daqin Railway Co., Ltd. (SHSE:601006) Trading At A 45% Discount?
Aug 04Earnings Working Against Daqin Railway Co., Ltd.'s (SHSE:601006) Share Price
Jul 16Daqin Railway (SHSE:601006) Has A Rock Solid Balance Sheet
Jun 28Daqin Railway's (SHSE:601006) Anemic Earnings Might Be Worse Than You Think
May 03Daqin Railway (SHSE:601006) Will Want To Turn Around Its Return Trends
Apr 25Improved Earnings Required Before Daqin Railway Co., Ltd. (SHSE:601006) Shares Find Their Feet
Apr 03Is Daqin Railway Co., Ltd. (SHSE:601006) Trading At A 49% Discount?
Mar 17Financial Position Analysis
Short Term Liabilities: 601006's short term assets (CN¥81.4B) exceed its short term liabilities (CN¥14.8B).
Long Term Liabilities: 601006's short term assets (CN¥81.4B) exceed its long term liabilities (CN¥24.3B).
Debt to Equity History and Analysis
Debt Level: 601006 has more cash than its total debt.
Reducing Debt: 601006's debt to equity ratio has increased from 8.2% to 13.2% over the past 5 years.
Debt Coverage: 601006's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 601006 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 | 2024/12/23 15:01 |
| End of Day Share Price | 2024/12/23 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
Daqin Railway Co., Ltd. is covered by 41 analysts. 11 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 |
|---|---|
| Huiming Liu | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |
| Yanli Qi | Bohai Securities Co., Ltd. |