Laopu Gold Balance Sheet Health
Financial Health criteria checks 5/6
Laopu Gold has a total shareholder equity of CN¥2.9B and total debt of CN¥126.9M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥3.8B and CN¥943.5M respectively. Laopu Gold's EBIT is CN¥1.1B making its interest coverage ratio 55.7. It has cash and short-term investments of CN¥823.9M.
Key information
4.4%
Debt to equity ratio
CN¥126.87m
Debt
| Interest coverage ratio | 55.7x |
| Cash | CN¥823.90m |
| Equity | CN¥2.90b |
| Total liabilities | CN¥943.49m |
| Total assets | CN¥3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6181's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥778.5M).
Long Term Liabilities: 6181's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥165.0M).
Debt to Equity History and Analysis
Debt Level: 6181 has more cash than its total debt.
Reducing Debt: 6181's debt to equity ratio has reduced from 11.8% to 4.4% over the past 5 years.
Debt Coverage: 6181's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6181's interest payments on its debt are well covered by EBIT (55.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:05 |
| End of Day Share Price | 2024/12/24 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Laopu Gold Co., Ltd. is covered by 8 analysts. 11 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 |
|---|---|
| Wenhui Song | China International Capital Corporation Limited |
| Ya Jiang | Citic Securities Co., Ltd. |
| Tiffany Feng | Citigroup Inc |