Zijin Mining Group Balance Sheet Health
Financial Health criteria checks 4/6
Zijin Mining Group has a total shareholder equity of CN¥168.7B and total debt of CN¥143.8B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are CN¥378.1B and CN¥209.4B respectively. Zijin Mining Group's EBIT is CN¥41.4B making its interest coverage ratio -26.8. It has cash and short-term investments of CN¥33.6B.
Key information
85.3%
Debt to equity ratio
CN¥143.82b
Debt
| Interest coverage ratio | -26.8x |
| Cash | CN¥33.55b |
| Equity | CN¥168.68b |
| Total liabilities | CN¥209.38b |
| Total assets | CN¥378.06b |
Recent financial health updates
Here's Why Zijin Mining Group (HKG:2899) Can Manage Its Debt Responsibly
Dec 05
Is Zijin Mining Group (HKG:2899) A Risky Investment?
Aug 19We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt
May 09Recent updates
There's Been No Shortage Of Growth Recently For Zijin Mining Group's (HKG:2899) Returns On Capital
Jan 20Getting In Cheap On Zijin Mining Group Company Limited (HKG:2899) Might Be Difficult
Jan 05Here's Why Zijin Mining Group (HKG:2899) Can Manage Its Debt Responsibly
Dec 05Here's Why Zijin Mining Group (HKG:2899) Has Caught The Eye Of Investors
Oct 11Zijin Mining Group Company Limited's (HKG:2899) Earnings Haven't Escaped The Attention Of Investors
Sep 26Is Zijin Mining Group (HKG:2899) A Risky Investment?
Aug 19Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 46% Undervaluation?
Jul 03Market Participants Recognise Zijin Mining Group Company Limited's (HKG:2899) Earnings
Jun 20Zijin Mining Group (HKG:2899) Is Experiencing Growth In Returns On Capital
Jun 07Here's Why We Think Zijin Mining Group (HKG:2899) Is Well Worth Watching
May 24Shareholders May Not Be So Generous With Zijin Mining Group Company Limited's (HKG:2899) CEO Compensation And Here's Why
May 10We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt
May 09Zijin Mining Group Company Limited's (HKG:2899) P/E Is Still On The Mark Following 39% Share Price Bounce
Mar 17Are Investors Undervaluing Zijin Mining Group Company Limited (HKG:2899) By 22%?
Mar 12Financial Position Analysis
Short Term Liabilities: 2899's short term assets (CN¥92.2B) exceed its short term liabilities (CN¥85.0B).
Long Term Liabilities: 2899's short term assets (CN¥92.2B) do not cover its long term liabilities (CN¥124.4B).
Debt to Equity History and Analysis
Debt Level: 2899's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: 2899's debt to equity ratio has reduced from 92.4% to 85.3% over the past 5 years.
Debt Coverage: 2899's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 2899 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:05 |
| End of Day Share Price | 2025/02/07 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.
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 Github.
Analyst Sources
Zijin Mining Group Company Limited is covered by 51 analysts. 26 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. |
| Yanlin Zhao | BofA Global Research |