Zhaojin Mining Industry Balance Sheet Health
Financial Health criteria checks 5/6
Zhaojin Mining Industry has a total shareholder equity of CN¥24.5B and total debt of CN¥14.9B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are CN¥53.2B and CN¥28.7B respectively. Zhaojin Mining Industry's EBIT is CN¥2.6B making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥5.1B.
Key information
60.7%
Debt to equity ratio
CN¥14.86b
Debt
| Interest coverage ratio | 9.1x |
| Cash | CN¥5.15b |
| Equity | CN¥24.49b |
| Total liabilities | CN¥28.68b |
| Total assets | CN¥53.17b |
Recent financial health updates
We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt
Aug 25
Zhaojin Mining Industry (HKG:1818) Has A Somewhat Strained Balance Sheet
Apr 14Recent updates
Zhaojin Mining Industry Company Limited's (HKG:1818) Earnings Haven't Escaped The Attention Of Investors
Dec 30Returns Are Gaining Momentum At Zhaojin Mining Industry (HKG:1818)
Dec 16Do Zhaojin Mining Industry's (HKG:1818) Earnings Warrant Your Attention?
Dec 02Zhaojin Mining Industry's (HKG:1818) Earnings May Just Be The Starting Point
Sep 04We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt
Aug 25Zhaojin Mining Industry Company Limited's (HKG:1818) Price In Tune With Earnings
Aug 07Zhaojin Mining Industry Company Limited's (HKG:1818) 28% Jump Shows Its Popularity With Investors
Apr 23Zhaojin Mining Industry (HKG:1818) Has A Somewhat Strained Balance Sheet
Apr 14Zhaojin Mining Industry (HKG:1818) Is Looking To Continue Growing Its Returns On Capital
Mar 26After Leaping 25% Zhaojin Mining Industry Company Limited (HKG:1818) Shares Are Not Flying Under The Radar
Mar 08Financial Position Analysis
Short Term Liabilities: 1818's short term assets (CN¥15.2B) do not cover its short term liabilities (CN¥15.5B).
Long Term Liabilities: 1818's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥13.2B).
Debt to Equity History and Analysis
Debt Level: 1818's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 1818's debt to equity ratio has reduced from 106.3% to 60.7% over the past 5 years.
Debt Coverage: 1818's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 1818's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 07:02 |
| End of Day Share Price | 2025/01/21 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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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
Zhaojin Mining Industry Company Limited is covered by 33 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 |
|---|---|
| Kunal Agrawal | BNP Paribas Securities (Asia) |
| Chi Kit Tsui | BOCI Research Ltd. |
| Shuai Wang | BofA Global Research |