Shanghai XNG Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai XNG Holdings has a total shareholder equity of CN¥-105.0M and total debt of CN¥31.3M, which brings its debt-to-equity ratio to -29.9%. Its total assets and total liabilities are CN¥193.3M and CN¥298.3M respectively.
Key information
-29.9%
Debt to equity ratio
CN¥31.35m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.44m |
| Equity | -CN¥104.98m |
| Total liabilities | CN¥298.30m |
| Total assets | CN¥193.32m |
Recent financial health updates
TANSH Global Food Group (HKG:3666) Has Debt But No Earnings; Should You Worry?
Apr 05
Is TANSH Global Food Group (HKG:3666) Using Too Much Debt?
Sep 06Is TANSH Global Food Group (HKG:3666) Weighed On By Its Debt Load?
Mar 30TANSH Global Food Group (HKG:3666) Has Debt But No Earnings; Should You Worry?
Dec 15
Recent updates
Shanghai XNG Holdings Limited's (HKG:3666) Business Is Trailing The Industry But Its Shares Aren't
Sep 27Why Investors Shouldn't Be Surprised By Shanghai XNG Holdings Limited's (HKG:3666) 31% Share Price Plunge
Jun 08Revenues Working Against Shanghai XNG Holdings Limited's (HKG:3666) Share Price Following 33% Dive
Apr 13There's No Escaping Shanghai XNG Holdings Limited's (HKG:3666) Muted Revenues Despite A 26% Share Price Rise
Feb 28Estimating The Intrinsic Value Of Shanghai XNG Holdings Limited (HKG:3666)
Dec 30Estimating The Intrinsic Value Of Shanghai XNG Holdings Limited (HKG:3666)
Sep 09TANSH Global Food Group (HKG:3666) Has Debt But No Earnings; Should You Worry?
Apr 05Is TANSH Global Food Group (HKG:3666) Using Too Much Debt?
Sep 06Estimating The Fair Value Of TANSH Global Food Group Co., Ltd (HKG:3666)
May 24Is TANSH Global Food Group (HKG:3666) Weighed On By Its Debt Load?
Mar 30TANSH Global Food Group (HKG:3666) Has Debt But No Earnings; Should You Worry?
Dec 15Financial Position Analysis
Short Term Liabilities: 3666 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 3666 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3666 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 3666's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3666 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3666 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:40 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shanghai XNG Holdings Limited is covered by 5 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 |
|---|---|
| Lucy Yu | BofA Global Research |
| Ri Sheng Kwok | Guotai Junan International Holdings Limited |
| Nicolas Wang | Haitong International Research Limited (Inactive) |