Fujian Mindong Electric Power Limited Balance Sheet Health
Financial Health criteria checks 6/6
Fujian Mindong Electric Power Limited has a total shareholder equity of CN¥2.5B and total debt of CN¥543.7M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥3.6B and CN¥1.1B respectively. Fujian Mindong Electric Power Limited's EBIT is CN¥66.4M making its interest coverage ratio 47.9. It has cash and short-term investments of CN¥319.1M.
Key information
21.5%
Debt to equity ratio
CN¥543.71m
Debt
| Interest coverage ratio | 47.9x |
| Cash | CN¥319.08m |
| Equity | CN¥2.53b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥3.62b |
Recent financial health updates
Recent updates
Investors Interested In Fujian Mindong Electric Power Limited Company's (SZSE:000993) Revenues
Oct 01
The Return Trends At Fujian Mindong Electric Power Limited (SZSE:000993) Look Promising
May 28Does Fujian Mindong Electric Power Limited (SZSE:000993) Have A Healthy Balance Sheet?
Apr 22We Ran A Stock Scan For Earnings Growth And Fujian Mindong Electric Power Limited (SZSE:000993) Passed With Ease
Mar 06Financial Position Analysis
Short Term Liabilities: 000993's short term assets (CN¥886.2M) exceed its short term liabilities (CN¥317.8M).
Long Term Liabilities: 000993's short term assets (CN¥886.2M) exceed its long term liabilities (CN¥774.9M).
Debt to Equity History and Analysis
Debt Level: 000993's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 000993's debt to equity ratio has reduced from 55% to 21.5% over the past 5 years.
Debt Coverage: 000993's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 000993's interest payments on its debt are well covered by EBIT (47.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:56 |
| 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 |
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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
Fujian Mindong Electric Power Limited Company is covered by 2 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 |
|---|---|
| Tao Zhou | Great Wall Securities Co., Ltd. |
| Junjie Gong | Guodu Securities Co. |