Xinjiang Lixin Energy Co., LTD.

SZSE:001258 Stock Report

Market Cap: CN¥6.1b

Xinjiang Lixin Energy Balance Sheet Health

Financial Health criteria checks 1/6

Xinjiang Lixin Energy has a total shareholder equity of CN¥3.0B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 301.9%. Its total assets and total liabilities are CN¥12.9B and CN¥9.8B respectively. Xinjiang Lixin Energy's EBIT is CN¥254.7M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥367.3M.

Key information

301.9%

Debt to equity ratio

CN¥9.07b

Debt

Interest coverage ratio1.4x
CashCN¥367.26m
EquityCN¥3.01b
Total liabilitiesCN¥9.85b
Total assetsCN¥12.85b

Recent financial health updates

Recent updates

Why Xinjiang Lixin Energy's (SZSE:001258) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 05
Why Xinjiang Lixin Energy's (SZSE:001258) Shaky Earnings Are Just The Beginning Of Its Problems

Xinjiang Lixin Energy (SZSE:001258) Has No Shortage Of Debt

Oct 02
Xinjiang Lixin Energy (SZSE:001258) Has No Shortage Of Debt

There Are Reasons To Feel Uneasy About Xinjiang Lixin Energy's (SZSE:001258) Returns On Capital

Jul 15
There Are Reasons To Feel Uneasy About Xinjiang Lixin Energy's (SZSE:001258) Returns On Capital

Here's Why Xinjiang Lixin Energy (SZSE:001258) Is Weighed Down By Its Debt Load

Jun 10
Here's Why Xinjiang Lixin Energy (SZSE:001258) Is Weighed Down By Its Debt Load

We Think That There Are More Issues For Xinjiang Lixin Energy (SZSE:001258) Than Just Sluggish Earnings

May 06
We Think That There Are More Issues For Xinjiang Lixin Energy (SZSE:001258) Than Just Sluggish Earnings

Financial Position Analysis

Short Term Liabilities: 001258's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.7B).

Long Term Liabilities: 001258's short term assets (CN¥2.8B) do not cover its long term liabilities (CN¥7.1B).


Debt to Equity History and Analysis

Debt Level: 001258's net debt to equity ratio (289.6%) is considered high.

Reducing Debt: 001258's debt to equity ratio has increased from 254.5% to 301.9% over the past 5 years.

Debt Coverage: 001258's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: 001258's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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