West China Cement Balance Sheet Health
Financial Health criteria checks 2/6
West China Cement has a total shareholder equity of CN¥14.8B and total debt of CN¥12.9B, which brings its debt-to-equity ratio to 87.1%. Its total assets and total liabilities are CN¥36.0B and CN¥21.2B respectively. West China Cement's EBIT is CN¥1.1B making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥1.0B.
Key information
87.1%
Debt to equity ratio
CN¥12.89b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥1.01b |
| Equity | CN¥14.79b |
| Total liabilities | CN¥21.16b |
| Total assets | CN¥35.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WFG1's short term assets (CN¥9.4B) do not cover its short term liabilities (CN¥11.5B).
Long Term Liabilities: WFG1's short term assets (CN¥9.4B) do not cover its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: WFG1's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: WFG1's debt to equity ratio has increased from 33.3% to 87.1% over the past 5 years.
Debt Coverage: WFG1's debt is well covered by operating cash flow (22.8%).
Interest Coverage: WFG1's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
West China Cement Limited is covered by 19 analysts. 4 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 |
|---|---|
| Michelle W.C. Leung | BOCI Research Ltd. |
| Felix Lam | CCB International Securities Limited |
| Kevin You | CGS International |