Top Energy CompanyShanxi Balance Sheet Health
Financial Health criteria checks 6/6
Top Energy CompanyShanxi has a total shareholder equity of CN¥7.5B and total debt of CN¥405.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥10.3B and CN¥2.8B respectively. Top Energy CompanyShanxi's EBIT is CN¥433.3M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥2.4B.
Key information
5.4%
Debt to equity ratio
CN¥405.01m
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥2.43b |
| Equity | CN¥7.52b |
| Total liabilities | CN¥2.78b |
| Total assets | CN¥10.31b |
Recent financial health updates
Recent updates
Does Top Energy CompanyShanxi (SHSE:600780) Have A Healthy Balance Sheet?
Oct 16
Top Energy CompanyShanxi (SHSE:600780) Hasn't Managed To Accelerate Its Returns
Sep 24Top Energy CompanyShanxi's (SHSE:600780) Returns On Capital Are Heading Higher
Jun 25Top Energy Company Ltd.Shanxi's (SHSE:600780) Low P/E No Reason For Excitement
Jun 03A Piece Of The Puzzle Missing From Top Energy Company Ltd.Shanxi's (SHSE:600780) Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 600780's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600780's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥658.5M).
Debt to Equity History and Analysis
Debt Level: 600780 has more cash than its total debt.
Reducing Debt: 600780's debt to equity ratio has reduced from 79% to 5.4% over the past 5 years.
Debt Coverage: 600780's debt is well covered by operating cash flow (254.4%).
Interest Coverage: 600780 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 | 2024/12/20 23:25 |
| End of Day Share Price | 2024/12/20 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 |
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| Market Prices | 30 years |
| |
| 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
Top Energy Company Ltd.Shanxi 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 |
|---|---|
| Yunzhou Mu | AJ Securities Co., Ltd |
| Jun Ge | Changjiang Securities Co. LTD. |
| Ping Lu | China Merchants Securities Co. Ltd. |