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
Is Zijin Mining Group (HKG:2899) A Risky Investment?
Aug 19
We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt
May 09Is Zijin Mining Group (HKG:2899) A Risky Investment?
Nov 20Zijin 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 29Recent updates
Here'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 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 30Financial 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.