Maanshan Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Maanshan Iron & Steel has a total shareholder equity of CN¥32.3B and total debt of CN¥20.4B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CN¥84.6B and CN¥52.3B respectively.
Key information
63.3%
Debt to equity ratio
CN¥20.44b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.57b |
| Equity | CN¥32.28b |
| Total liabilities | CN¥52.27b |
| Total assets | CN¥84.55b |
Recent financial health updates
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09
Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt
Jul 19Recent updates
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate
Nov 02Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Jul 14Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Mar 27Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company
Sep 26We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt
Jul 19Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher
Jun 28Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital
Dec 30Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly
Oct 26Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up
Sep 30Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16
Jul 03Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323)
May 31These 4 Measures Indicate That Maanshan Iron & Steel (HKG:323) Is Using Debt Extensively
Mar 15Are Investors Undervaluing Maanshan Iron & Steel Company Limited (HKG:323) By 38%?
Feb 17
Can Maanshan Iron & Steel (HKG:323) Continue To Grow Its Returns On Capital?
Feb 04Key Things To Watch Out For If You Are After Maanshan Iron & Steel Company Limited's (HKG:323) 4.4% Dividend
Jan 22How Many Maanshan Iron & Steel Company Limited (HKG:323) Shares Do Institutions Own?
Jan 09How Much Did Maanshan Iron & Steel's(HKG:323) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 27Maanshan Iron & Steel (HKG:323) Has A Pretty Healthy Balance Sheet
Dec 13Are Maanshan Iron & Steel's (HKG:323) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 29Financial Position Analysis
Short Term Liabilities: 323's short term assets (CN¥22.0B) do not cover its short term liabilities (CN¥44.1B).
Long Term Liabilities: 323's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 323's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: 323's debt to equity ratio has increased from 59.5% to 63.3% over the past 5 years.
Debt Coverage: 323's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: Insufficient data to determine if 323's interest payments on its debt are well covered by EBIT.