Xingtong Shipping Balance Sheet Health
Financial Health criteria checks 3/6
Xingtong Shipping has a total shareholder equity of CN¥2.7B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are CN¥4.2B and CN¥1.6B respectively. Xingtong Shipping's EBIT is CN¥456.9M making its interest coverage ratio 17.3. It has cash and short-term investments of CN¥469.4M.
Key information
48.2%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | 17.3x |
| Cash | CN¥469.38m |
| Equity | CN¥2.68b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603209's short term assets (CN¥660.6M) do not cover its short term liabilities (CN¥661.7M).
Long Term Liabilities: 603209's short term assets (CN¥660.6M) do not cover its long term liabilities (CN¥891.9M).
Debt to Equity History and Analysis
Debt Level: 603209's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 603209's debt to equity ratio has increased from 29.6% to 48.2% over the past 5 years.
Debt Coverage: 603209's debt is well covered by operating cash flow (45%).
Interest Coverage: 603209's interest payments on its debt are well covered by EBIT (17.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:56 |
| 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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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
Xingtong Shipping Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Wenjie Zhang | China International Capital Corporation Limited |
| Xin Yang | China International Capital Corporation Limited |
| Sheng Gao | Guosen Securities Co., Ltd. |