Sichuan Mingxing Electric Power Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Mingxing Electric Power has a total shareholder equity of CN¥3.0B and total debt of CN¥80.2M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. Sichuan Mingxing Electric Power's EBIT is CN¥207.1M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥1.0B.
Key information
2.7%
Debt to equity ratio
CN¥80.17m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥1.05b |
| Equity | CN¥3.00b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥4.20b |
Recent financial health updates
Is Sichuan Mingxing Electric Power (SHSE:600101) A Risky Investment?
Oct 18
Is Sichuan Mingxing Electric Power (SHSE:600101) Using Too Much Debt?
Jun 03Recent updates
Is Sichuan Mingxing Electric Power (SHSE:600101) A Risky Investment?
Oct 18Getting In Cheap On Sichuan Mingxing Electric Power Co., Ltd. (SHSE:600101) Is Unlikely
Sep 27Sichuan Mingxing Electric Power (SHSE:600101) Is Experiencing Growth In Returns On Capital
Aug 19Sichuan Mingxing Electric Power Co., Ltd. (SHSE:600101) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Jun 27Is Sichuan Mingxing Electric Power (SHSE:600101) Using Too Much Debt?
Jun 03Sichuan Mingxing Electric Power Co., Ltd.'s (SHSE:600101) Shares Bounce 25% But Its Business Still Trails The Market
May 13We Think You Should Be Aware Of Some Concerning Factors In Sichuan Mingxing Electric Power's (SHSE:600101) Earnings
Apr 09Financial Position Analysis
Short Term Liabilities: 600101's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥902.0M).
Long Term Liabilities: 600101's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥300.7M).
Debt to Equity History and Analysis
Debt Level: 600101 has more cash than its total debt.
Reducing Debt: 600101's debt to equity ratio has reduced from 3.5% to 2.7% over the past 5 years.
Debt Coverage: 600101's debt is well covered by operating cash flow (407.4%).
Interest Coverage: 600101 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:18 |
| End of Day Share Price | 2024/12/19 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Sichuan Mingxing Electric Power Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Fuzheng Wei | Avic Securities Co., Ltd |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Xiujie Huang | Guosen Securities Co., Ltd. |