Zhaojin Mining Industry Balance Sheet Health
Financial Health criteria checks 3/6
Zhaojin Mining Industry has a total shareholder equity of CN¥24.4B and total debt of CN¥17.3B, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are CN¥52.4B and CN¥28.0B respectively. Zhaojin Mining Industry's EBIT is CN¥2.2B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥4.1B.
Key information
70.9%
Debt to equity ratio
CN¥17.33b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥4.10b |
| Equity | CN¥24.44b |
| Total liabilities | CN¥27.98b |
| Total assets | CN¥52.42b |
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 14Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt
Jan 09Is Zhaojin Mining Industry (HKG:1818) Using Too Much Debt?
Oct 01Here's Why Zhaojin Mining Industry (HKG:1818) Has A Meaningful Debt Burden
Jun 28Zhaojin Mining Industry (HKG:1818) Has A Pretty Healthy Balance Sheet
Mar 29Recent updates
Zhaojin 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 08Zhaojin Mining Industry (HKG:1818) Takes On Some Risk With Its Use Of Debt
Jan 09The Returns At Zhaojin Mining Industry (HKG:1818) Aren't Growing
Dec 11Estimating The Intrinsic Value Of Zhaojin Mining Industry Company Limited (HKG:1818)
Oct 29Is Zhaojin Mining Industry (HKG:1818) Using Too Much Debt?
Oct 01Some Zhaojin Mining Industry Company Limited (HKG:1818) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 30Zhaojin Mining Industry (HKG:1818) Could Be Struggling To Allocate Capital
Aug 07Is Zhaojin Mining Industry Company Limited (HKG:1818) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 11Here's Why Zhaojin Mining Industry (HKG:1818) Has A Meaningful Debt Burden
Jun 28Zhaojin Mining Industry (HKG:1818) Will Want To Turn Around Its Return Trends
Apr 24What You Need To Know About The Zhaojin Mining Industry Company Limited (HKG:1818) Analyst Downgrade Today
Apr 06Zhaojin Mining Industry (HKG:1818) Has A Pretty Healthy Balance Sheet
Mar 29Zhaojin Mining Industry Company Limited (HKG:1818) Shares Could Be 26% Below Their Intrinsic Value Estimate
Jan 18Here's What's Concerning About Zhaojin Mining Industry's (HKG:1818) Returns On Capital
Jan 01Here's Why Zhaojin Mining Industry (HKG:1818) Can Manage Its Debt Responsibly
Dec 14Estimating The Intrinsic Value Of Zhaojin Mining Industry Company Limited (HKG:1818)
Oct 03Zhaojin Mining Industry's (HKG:1818) Returns On Capital Not Reflecting Well On The Business
Sep 15We Think Zhaojin Mining Industry (HKG:1818) Is Taking Some Risk With Its Debt
Aug 01Zhaojin Mining Industry (HKG:1818) Has A Somewhat Strained Balance Sheet
Apr 10A Look At The Fair Value Of Zhaojin Mining Industry Company Limited (HKG:1818)
Mar 13Does Zhaojin Mining Industry (HKG:1818) Have A Healthy Balance Sheet?
Jan 04Are Zhaojin Mining Industry Company Limited (HKG:1818) Investors Paying Above The Intrinsic Value?
Nov 22Is Zhaojin Mining Industry (HKG:1818) Using Too Much Debt?
Sep 18Zhaojin Mining Industry Company Limited (HKG:1818) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 18Is Now The Time To Put Zhaojin Mining Industry (HKG:1818) On Your Watchlist?
Jun 15Here's Why Zhaojin Mining Industry Company Limited's (HKG:1818) CEO Compensation Is The Least Of Shareholders' Concerns
May 31Is Zhaojin Mining Industry (HKG:1818) A Risky Investment?
May 23Is Zhaojin Mining Industry Company Limited (HKG:1818) Trading At A 21% Discount?
May 08Financial Position Analysis
Short Term Liabilities: 1818's short term assets (CN¥13.7B) exceed its short term liabilities (CN¥12.3B).
Long Term Liabilities: 1818's short term assets (CN¥13.7B) do not cover its long term liabilities (CN¥15.7B).
Debt to Equity History and Analysis
Debt Level: 1818's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: 1818's debt to equity ratio has reduced from 105.5% to 70.9% over the past 5 years.
Debt Coverage: 1818's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 1818's interest payments on its debt are well covered by EBIT (5.7x coverage).