Xingye Alloy Materials Group Balance Sheet Health
Financial Health criteria checks 3/6
Xingye Alloy Materials Group has a total shareholder equity of CN¥2.1B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are CN¥5.5B and CN¥3.4B respectively. Xingye Alloy Materials Group's EBIT is CN¥376.3M making its interest coverage ratio 135.6. It has cash and short-term investments of CN¥819.5M.
Key information
93.8%
Debt to equity ratio
CN¥1.96b
Debt
| Interest coverage ratio | 135.6x |
| Cash | CN¥819.45m |
| Equity | CN¥2.09b |
| Total liabilities | CN¥3.39b |
| Total assets | CN¥5.48b |
Recent financial health updates
Is Xingye Alloy Materials Group (HKG:505) Using Too Much Debt?
Apr 19
Does Xingye Alloy Materials Group (HKG:505) Have A Healthy Balance Sheet?
Dec 17
Recent updates
Xingye Alloy Materials Group's (HKG:505) Shareholders May Want To Dig Deeper Than Statutory Profit
Oct 04Xingye Alloy Materials Group (HKG:505) Shareholders Will Want The ROCE Trajectory To Continue
May 10Is Xingye Alloy Materials Group (HKG:505) Using Too Much Debt?
Apr 19Is Xingye Alloy Materials Group Limited's (HKG:505) Shareholder Ownership Skewed Towards Insiders?
Feb 22Here's Why We Think Xingye Alloy Materials Group's (HKG:505) Statutory Earnings Might Be Conservative
Feb 01What Do The Returns On Capital At Xingye Alloy Materials Group (HKG:505) Tell Us?
Jan 07Does Xingye Alloy Materials Group (HKG:505) Have A Healthy Balance Sheet?
Dec 17Should Xingye Alloy Materials Group (HKG:505) Be Disappointed With Their 79% Profit?
Dec 02Financial Position Analysis
Short Term Liabilities: 505's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 505's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥496.4M).
Debt to Equity History and Analysis
Debt Level: 505's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: 505's debt to equity ratio has increased from 75.2% to 93.8% over the past 5 years.
Debt Coverage: 505's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505's interest payments on its debt are well covered by EBIT (135.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:36 |
| 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
Xingye Alloy Materials Group Limited is covered by 0 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 |
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