Metallurgical Corporation of China Balance Sheet Health
Financial Health criteria checks 5/6
Metallurgical of China has a total shareholder equity of CN¥183.4B and total debt of CN¥94.6B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥725.0B and CN¥541.6B respectively. Metallurgical of China's EBIT is CN¥13.5B making its interest coverage ratio 28.2. It has cash and short-term investments of CN¥33.7B.
Key information
51.6%
Debt to equity ratio
CN¥94.59b
Debt
| Interest coverage ratio | 28.2x |
| Cash | CN¥33.66b |
| Equity | CN¥183.38b |
| Total liabilities | CN¥541.62b |
| Total assets | CN¥725.01b |
Recent financial health updates
Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Dec 25
Is Metallurgical Corporation of China (HKG:1618) A Risky Investment?
Sep 19Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Feb 26Recent updates
What Does Metallurgical Corporation of China Ltd.'s (HKG:1618) Share Price Indicate?
Jan 12Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Dec 25Metallurgical Corporation of China's (HKG:1618) Returns On Capital Not Reflecting Well On The Business
Oct 22Metallurgical Corporation of China Ltd. (HKG:1618) Soars 29% But It's A Story Of Risk Vs Reward
Oct 02Is Metallurgical Corporation of China (HKG:1618) A Risky Investment?
Sep 19Is It Time To Consider Buying Metallurgical Corporation of China Ltd. (HKG:1618)?
Aug 24Estimating The Fair Value Of Metallurgical Corporation of China Ltd. (HKG:1618)
Aug 09Metallurgical Corporation of China's (HKG:1618) Dividend Is Being Reduced To CN¥0.079
Jul 22Metallurgical Corporation of China (HKG:1618) Will Be Hoping To Turn Its Returns On Capital Around
Jun 24Take Care Before Diving Into The Deep End On Metallurgical Corporation of China Ltd. (HKG:1618)
Jun 03Metallurgical Corporation of China Ltd. (HKG:1618) Analysts Are Reducing Their Forecasts For This Year
Apr 03Analysts Have Lowered Expectations For Metallurgical Corporation of China Ltd. (HKG:1618) After Its Latest Results
Mar 31Why Metallurgical Corporation of China Ltd. (HKG:1618) Could Be Worth Watching
Mar 27The Return Trends At Metallurgical Corporation of China (HKG:1618) Look Promising
Mar 12Does Metallurgical Corporation of China (HKG:1618) Have A Healthy Balance Sheet?
Feb 26Investors Holding Back On Metallurgical Corporation of China Ltd. (HKG:1618)
Feb 11Financial Position Analysis
Short Term Liabilities: 1618's short term assets (CN¥540.4B) exceed its short term liabilities (CN¥497.0B).
Long Term Liabilities: 1618's short term assets (CN¥540.4B) exceed its long term liabilities (CN¥44.6B).
Debt to Equity History and Analysis
Debt Level: 1618's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 1618's debt to equity ratio has reduced from 87.6% to 51.6% over the past 5 years.
Debt Coverage: 1618's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1618's interest payments on its debt are well covered by EBIT (28.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 03:41 |
| End of Day Share Price | 2025/01/28 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
Metallurgical Corporation of China Ltd. is covered by 19 analysts. 8 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Tian Guang Long | China Galaxy Securities Co., Ltd. |
| Yan Chen | China International Capital Corporation Limited |