Xinjiang East Universe GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang East Universe GasLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥157.7M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥2.7B and CN¥940.6M respectively. Xinjiang East Universe GasLtd's EBIT is CN¥279.4M making its interest coverage ratio -31.1. It has cash and short-term investments of CN¥817.8M.
Key information
9.1%
Debt to equity ratio
CN¥157.65m
Debt
| Interest coverage ratio | -31.1x |
| Cash | CN¥817.83m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥940.56m |
| Total assets | CN¥2.67b |
Recent financial health updates
No updates
Recent updates
Xinjiang East Universe Gas Co.Ltd. (SHSE:603706) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Nov 25
Xinjiang East Universe Gas Co.Ltd.'s (SHSE:603706) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
May 22Shareholders Will Be Pleased With The Quality of Xinjiang East Universe GasLtd's (SHSE:603706) Earnings
May 06Financial Position Analysis
Short Term Liabilities: 603706's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥781.2M).
Long Term Liabilities: 603706's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥159.3M).
Debt to Equity History and Analysis
Debt Level: 603706 has more cash than its total debt.
Reducing Debt: 603706's debt to equity ratio has increased from 0% to 9.1% over the past 5 years.
Debt Coverage: 603706's debt is well covered by operating cash flow (226.9%).
Interest Coverage: 603706 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 | 2024/12/26 05:49 |
| End of Day Share Price | 2024/12/26 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
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Analyst Sources
Xinjiang East Universe Gas Co.Ltd. is covered by 0 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 |
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