Guangxi Energy Balance Sheet Health
Financial Health criteria checks 0/6
Guangxi Energy has a total shareholder equity of CN¥5.3B and total debt of CN¥12.6B, which brings its debt-to-equity ratio to 236.2%. Its total assets and total liabilities are CN¥21.8B and CN¥16.5B respectively. Guangxi Energy's EBIT is CN¥681.2M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥2.1B.
Key information
236.2%
Debt to equity ratio
CN¥12.59b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥2.13b |
| Equity | CN¥5.33b |
| Total liabilities | CN¥16.45b |
| Total assets | CN¥21.78b |
Recent financial health updates
Guangxi Energy (SHSE:600310) Seems To Be Using A Lot Of Debt
Nov 17
Is Guangxi Energy (SHSE:600310) Using Too Much Debt?
Jul 02Guangxi Energy (SHSE:600310) Use Of Debt Could Be Considered Risky
Mar 28Recent updates
Guangxi Energy (SHSE:600310) Seems To Be Using A Lot Of Debt
Nov 17Guangxi Energy Co., Ltd.'s (SHSE:600310) 43% Price Boost Is Out Of Tune With Revenues
Oct 25We Like Guangxi Energy's (SHSE:600310) Earnings For More Than Just Statutory Profit
Sep 03Guangxi Energy Co., Ltd.'s (SHSE:600310) Business And Shares Still Trailing The Industry
Aug 26Is Guangxi Energy (SHSE:600310) Using Too Much Debt?
Jul 02There's No Escaping Guangxi Energy Co., Ltd.'s (SHSE:600310) Muted Revenues Despite A 33% Share Price Rise
May 27Guangxi Energy (SHSE:600310) Use Of Debt Could Be Considered Risky
Mar 28Financial Position Analysis
Short Term Liabilities: 600310's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥7.6B).
Long Term Liabilities: 600310's short term assets (CN¥3.9B) do not cover its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 600310's net debt to equity ratio (196.3%) is considered high.
Reducing Debt: 600310's debt to equity ratio has increased from 227.9% to 236.2% over the past 5 years.
Debt Coverage: 600310's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 600310's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:46 |
| End of Day Share Price | 2024/12/24 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
Guangxi Energy Co., Ltd. is covered by 6 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 |
|---|---|
| Fei Tong | Changjiang Securities Co. LTD. |
| Peng Hou | China Merchants Securities Co. Ltd. |
| Jun Peng Chen | Everbright Securities Co. Ltd. |