Xinjiang Tianfu Energy Balance Sheet Health
Financial Health criteria checks 0/6
Xinjiang Tianfu Energy has a total shareholder equity of CN¥8.3B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 141.1%. Its total assets and total liabilities are CN¥27.3B and CN¥19.0B respectively. Xinjiang Tianfu Energy's EBIT is CN¥869.0M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.3B.
Key information
141.1%
Debt to equity ratio
CN¥11.69b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.30b |
| Equity | CN¥8.28b |
| Total liabilities | CN¥19.02b |
| Total assets | CN¥27.31b |
Recent financial health updates
Xinjiang Tianfu Energy (SHSE:600509) Use Of Debt Could Be Considered Risky
Nov 17
Xinjiang Tianfu Energy (SHSE:600509) Has A Somewhat Strained Balance Sheet
Jun 25Recent updates
Xinjiang Tianfu Energy (SHSE:600509) Use Of Debt Could Be Considered Risky
Nov 17Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509) Stock Rockets 34% But Many Are Still Ignoring The Company
Oct 25Many Still Looking Away From Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509)
Aug 28Estimating The Fair Value Of Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509)
Jul 18Xinjiang Tianfu Energy (SHSE:600509) Has A Somewhat Strained Balance Sheet
Jun 25Additional Considerations Required While Assessing Xinjiang Tianfu Energy's (SHSE:600509) Strong Earnings
Apr 19Investors Continue Waiting On Sidelines For Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509)
Apr 10Financial Position Analysis
Short Term Liabilities: 600509's short term assets (CN¥6.9B) do not cover its short term liabilities (CN¥8.0B).
Long Term Liabilities: 600509's short term assets (CN¥6.9B) do not cover its long term liabilities (CN¥11.0B).
Debt to Equity History and Analysis
Debt Level: 600509's net debt to equity ratio (125.5%) is considered high.
Reducing Debt: 600509's debt to equity ratio has increased from 140.2% to 141.1% over the past 5 years.
Debt Coverage: 600509's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 600509's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:58 |
| 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 |
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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
Xinjiang Tianfu Energy Co., Ltd. is covered by 5 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 |
|---|---|
| Jun Ge | Changjiang Securities Co. LTD. |
| Lin Zhang | Great Wall Securities Co., Ltd. |
| Junjie Gong | Guodu Securities Co. |