Ning Xia Yin Xing EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ning Xia Yin Xing EnergyLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are CN¥9.4B and CN¥4.9B respectively. Ning Xia Yin Xing EnergyLtd's EBIT is CN¥328.8M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥187.0M.
Key information
66.9%
Debt to equity ratio
CN¥2.96b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥186.98m |
| Equity | CN¥4.42b |
| Total liabilities | CN¥4.94b |
| Total assets | CN¥9.36b |
Recent financial health updates
Here's Why Ning Xia Yin Xing EnergyLtd (SZSE:000862) Has A Meaningful Debt Burden
Dec 24
These 4 Measures Indicate That Ning Xia Yin Xing EnergyLtd (SZSE:000862) Is Using Debt Extensively
Apr 19Recent updates
Here's Why Ning Xia Yin Xing EnergyLtd (SZSE:000862) Has A Meaningful Debt Burden
Dec 24Some Shareholders Feeling Restless Over Ning Xia Yin Xing Energy Co.,Ltd's (SZSE:000862) P/E Ratio
Oct 01These 4 Measures Indicate That Ning Xia Yin Xing EnergyLtd (SZSE:000862) Is Using Debt Extensively
Apr 19We Think That There Are More Issues For Ning Xia Yin Xing EnergyLtd (SZSE:000862) Than Just Sluggish Earnings
Apr 01Investors Still Waiting For A Pull Back In Ning Xia Yin Xing Energy Co.,Ltd (SZSE:000862)
Mar 28Financial Position Analysis
Short Term Liabilities: 000862's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.3B).
Long Term Liabilities: 000862's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000862's net debt to equity ratio (62.6%) is considered high.
Reducing Debt: 000862's debt to equity ratio has reduced from 225.4% to 66.9% over the past 5 years.
Debt Coverage: 000862's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 000862's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:22 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ning Xia Yin Xing Energy Co.,Ltd is covered by 4 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 |
|---|---|
| Lin Zhang | Great Wall Securities Co., Ltd. |
| Ye Tao | Huatai United Securities Co., Ltd. |
| Xia Zhang Xiao | Sealand Securities |