Jiangxi Copper Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Copper has a total shareholder equity of CN¥85.9B and total debt of CN¥78.7B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are CN¥202.9B and CN¥117.1B respectively. Jiangxi Copper's EBIT is CN¥11.3B making its interest coverage ratio 53. It has cash and short-term investments of CN¥55.3B.
Key information
91.7%
Debt to equity ratio
CN¥78.72b
Debt
Interest coverage ratio | 53x |
Cash | CN¥55.29b |
Equity | CN¥85.86b |
Total liabilities | CN¥117.06b |
Total assets | CN¥202.91b |
Recent financial health updates
Here's Why Jiangxi Copper (HKG:358) Can Manage Its Debt Responsibly
Nov 25Is Jiangxi Copper (HKG:358) Using Too Much Debt?
Jul 17Is Jiangxi Copper (HKG:358) Using Too Much Debt?
Mar 14Recent updates
Returns Are Gaining Momentum At Jiangxi Copper (HKG:358)
Dec 17Here's Why Jiangxi Copper (HKG:358) Can Manage Its Debt Responsibly
Nov 25We Think Jiangxi Copper's (HKG:358) Solid Earnings Are Understated
Nov 05Is Now The Time To Put Jiangxi Copper (HKG:358) On Your Watchlist?
Oct 25Jiangxi Copper Company Limited (HKG:358) Stock Catapults 36% Though Its Price And Business Still Lag The Market
Oct 07Jiangxi Copper Company Limited's (HKG:358) Earnings Are Not Doing Enough For Some Investors
Aug 06Is Jiangxi Copper (HKG:358) Using Too Much Debt?
Jul 17Jiangxi Copper (HKG:358) Is Paying Out A Larger Dividend Than Last Year
Jun 10Jiangxi Copper (HKG:358) Is Experiencing Growth In Returns On Capital
Jun 04Do Jiangxi Copper's (HKG:358) Earnings Warrant Your Attention?
Apr 23Earnings Not Telling The Story For Jiangxi Copper Company Limited (HKG:358) After Shares Rise 27%
Apr 04Jiangxi Copper's (HKG:358) Solid Earnings May Rest On Weak Foundations
Apr 03Is Jiangxi Copper (HKG:358) Using Too Much Debt?
Mar 14Jiangxi Copper (HKG:358) Shareholders Will Want The ROCE Trajectory To Continue
Feb 26Improved Earnings Required Before Jiangxi Copper Company Limited (HKG:358) Shares Find Their Feet
Jan 02Financial Position Analysis
Short Term Liabilities: 358's short term assets (CN¥130.1B) exceed its short term liabilities (CN¥96.2B).
Long Term Liabilities: 358's short term assets (CN¥130.1B) exceed its long term liabilities (CN¥20.8B).
Debt to Equity History and Analysis
Debt Level: 358's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 358's debt to equity ratio has increased from 89.2% to 91.7% over the past 5 years.
Debt Coverage: 358's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 358's interest payments on its debt are well covered by EBIT (53x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/20 17:49 |
End of Day Share Price | 2024/12/20 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 |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Jiangxi Copper Company Limited is covered by 52 analysts. 8 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 |
---|---|
Ephrem Ravi | Barclays |
Kunal Agrawal | BNP Paribas Securities (Asia) |
Chi Kit Tsui | BOCI Research Ltd. |