Zhaojin Mining Industry Company Limited

SEHK:1818 Stock Report

Market Cap: HK$63.4b

Zhaojin Mining Industry Balance Sheet Health

Financial Health criteria checks 2/6

Zhaojin Mining Industry has a total shareholder equity of CN¥25.2B and total debt of CN¥20.0B, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are CN¥53.6B and CN¥28.4B respectively. Zhaojin Mining Industry's EBIT is CN¥2.6B making its interest coverage ratio 12. It has cash and short-term investments of CN¥3.6B.

Key information

79.3%

Debt to equity ratio

CN¥19.98b

Debt

Interest coverage ratio12x
CashCN¥3.59b
EquityCN¥25.19b
Total liabilitiesCN¥28.38b
Total assetsCN¥53.57b

Recent financial health updates

Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt

Jan 31
Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt

We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt

Aug 25
We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt

Recent updates

Here's Why We Think Zhaojin Mining Industry (HKG:1818) Might Deserve Your Attention Today

Mar 20
Here's Why We Think Zhaojin Mining Industry (HKG:1818) Might Deserve Your Attention Today

Is Zhaojin Mining Industry Company Limited (HKG:1818) Trading At A 40% Discount?

Feb 17
Is Zhaojin Mining Industry Company Limited (HKG:1818) Trading At A 40% Discount?

Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt

Jan 31
Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt

Zhaojin Mining Industry Company Limited's (HKG:1818) Earnings Haven't Escaped The Attention Of Investors

Dec 30
Zhaojin Mining Industry Company Limited's (HKG:1818) Earnings Haven't Escaped The Attention Of Investors

Returns Are Gaining Momentum At Zhaojin Mining Industry (HKG:1818)

Dec 16
Returns Are Gaining Momentum At Zhaojin Mining Industry (HKG:1818)

Do Zhaojin Mining Industry's (HKG:1818) Earnings Warrant Your Attention?

Dec 02
Do Zhaojin Mining Industry's (HKG:1818) Earnings Warrant Your Attention?

Zhaojin Mining Industry's (HKG:1818) Earnings May Just Be The Starting Point

Sep 04
Zhaojin Mining Industry's (HKG:1818) Earnings May Just Be The Starting Point

We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt

Aug 25
We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt

Zhaojin Mining Industry Company Limited's (HKG:1818) Price In Tune With Earnings

Aug 07
Zhaojin Mining Industry Company Limited's (HKG:1818) Price In Tune With Earnings

Zhaojin Mining Industry Company Limited's (HKG:1818) 28% Jump Shows Its Popularity With Investors

Apr 23
Zhaojin Mining Industry Company Limited's (HKG:1818) 28% Jump Shows Its Popularity With Investors

Financial Position Analysis

Short Term Liabilities: 1818's short term assets (CN¥13.9B) do not cover its short term liabilities (CN¥14.4B).

Long Term Liabilities: 1818's short term assets (CN¥13.9B) do not cover its long term liabilities (CN¥13.9B).

Debt to Equity History and Analysis

Debt Level: 1818's net debt to equity ratio (65.1%) is considered high.

Reducing Debt: 1818's debt to equity ratio has reduced from 106.3% to 79.3% over the past 5 years.

Debt Coverage: 1818's debt is not well covered by operating cash flow (11.1%).

Interest Coverage: 1818's interest payments on its debt are well covered by EBIT (12x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/16 09:51
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Zhaojin Mining Industry Company Limited is covered by 35 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.

AnalystInstitution
Kunal AgrawalBNP Paribas Securities (Asia)
Chi Kit TsuiBOCI Research Ltd.
Miriam ChanBofA Global Research