Zijin Mining Group Balance Sheet Health
Financial Health criteria checks 3/6
Zijin Mining Group has a total shareholder equity of CN¥148.4B and total debt of CN¥147.1B, which brings its debt-to-equity ratio to 99.1%. Its total assets and total liabilities are CN¥355.9B and CN¥207.5B respectively. Zijin Mining Group's EBIT is CN¥32.0B making its interest coverage ratio -29.4. It has cash and short-term investments of CN¥26.6B.
Key information
99.1%
Debt to equity ratio
CN¥147.08b
Debt
| Interest coverage ratio | -29.4x |
| Cash | CN¥26.60b |
| Equity | CN¥148.43b |
| Total liabilities | CN¥207.48b |
| Total assets | CN¥355.91b |
Recent financial health updates
Is Zijin Mining Group (HKG:2899) A Risky Investment?
Nov 20
Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt
Aug 10Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt
May 09Is Zijin Mining Group (HKG:2899) A Risky Investment?
Jan 29Is Zijin Mining Group (HKG:2899) A Risky Investment?
Aug 14Does Zijin Mining Group (HKG:2899) Have A Healthy Balance Sheet?
May 13Recent updates
Zijin 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 12Is Zijin Mining Group (HKG:2899) A Risky Investment?
Nov 20Investors Met With Slowing Returns on Capital At Zijin Mining Group (HKG:2899)
Nov 05Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 47% Undervaluation?
Oct 20Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt
Aug 10Zijin Mining Group's (HKG:2899) Returns Have Hit A Wall
Jul 26Is Zijin Mining Group Company Limited (HKG:2899) Trading At A 28% Discount?
Jul 10Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt
May 09With EPS Growth And More, Zijin Mining Group (HKG:2899) Makes An Interesting Case
Apr 24Returns At Zijin Mining Group (HKG:2899) Appear To Be Weighed Down
Apr 09A Look At The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)
Mar 12Is Zijin Mining Group (HKG:2899) A Risky Investment?
Jan 29Here's Why We Think Zijin Mining Group (HKG:2899) Is Well Worth Watching
Jan 15Returns On Capital Are Showing Encouraging Signs At Zijin Mining Group (HKG:2899)
Jan 01Zijin Mining Group Company Limited's (HKG:2899) Intrinsic Value Is Potentially 83% Above Its Share Price
Dec 04Do Zijin Mining Group's (HKG:2899) Earnings Warrant Your Attention?
Oct 13Investors Will Want Zijin Mining Group's (HKG:2899) Growth In ROCE To Persist
Aug 29Is Zijin Mining Group (HKG:2899) A Risky Investment?
Aug 14Here's Why We Think Zijin Mining Group (HKG:2899) Might Deserve Your Attention Today
Jul 14Zijin Mining Group (HKG:2899) Shareholders Will Want The ROCE Trajectory To Continue
May 30Does Zijin Mining Group (HKG:2899) Have A Healthy Balance Sheet?
May 13Does Zijin Mining Group (HKG:2899) Deserve A Spot On Your Watchlist?
Apr 13Zijin Mining Group Company Limited (HKG:2899) Shares Could Be 24% Above Their Intrinsic Value Estimate
Mar 30Returns Are Gaining Momentum At Zijin Mining Group (HKG:2899)
Feb 17With EPS Growth And More, Zijin Mining Group (HKG:2899) Is Interesting
Jan 09Are Investors Undervaluing Zijin Mining Group Company Limited (HKG:2899) By 50%?
Dec 25Zijin Mining Group (HKG:2899) Is Doing The Right Things To Multiply Its Share Price
Nov 10We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt
Oct 26Financial Position Analysis
Short Term Liabilities: 2899's short term assets (CN¥82.6B) do not cover its short term liabilities (CN¥87.4B).
Long Term Liabilities: 2899's short term assets (CN¥82.6B) do not cover its long term liabilities (CN¥120.1B).
Debt to Equity History and Analysis
Debt Level: 2899's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: 2899's debt to equity ratio has reduced from 99.5% to 99.1% over the past 5 years.
Debt Coverage: 2899's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 2899 earns more interest than it pays, so coverage of interest payments is not a concern.