Xinjiang Xinxin Mining Industry Balance Sheet Health
Financial Health criteria checks 6/6
Xinjiang Xinxin Mining Industry has a total shareholder equity of CN¥5.6B and total debt of CN¥766.0M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are CN¥7.8B and CN¥2.2B respectively. Xinjiang Xinxin Mining Industry's EBIT is CN¥277.8M making its interest coverage ratio 27.5. It has cash and short-term investments of CN¥660.1M.
Key information
13.8%
Debt to equity ratio
CN¥766.03m
Debt
| Interest coverage ratio | 27.5x |
| Cash | CN¥660.11m |
| Equity | CN¥5.55b |
| Total liabilities | CN¥2.21b |
| Total assets | CN¥7.76b |
Recent financial health updates
Does Xinjiang Xinxin Mining Industry (HKG:3833) Have A Healthy Balance Sheet?
Jun 02
We Think Xinjiang Xinxin Mining Industry (HKG:3833) Can Stay On Top Of Its Debt
Nov 11Is Xinjiang Xinxin Mining Industry (HKG:3833) A Risky Investment?
Sep 29We Think Xinjiang Xinxin Mining Industry (HKG:3833) Can Stay On Top Of Its Debt
May 21Xinjiang Xinxin Mining Industry (HKG:3833) Takes On Some Risk With Its Use Of Debt
Dec 28
Recent updates
Optimistic Investors Push Xinjiang Xinxin Mining Industry Co., Ltd. (HKG:3833) Shares Up 35% But Growth Is Lacking
Oct 02There's Been No Shortage Of Growth Recently For Xinjiang Xinxin Mining Industry's (HKG:3833) Returns On Capital
Sep 25Calculating The Intrinsic Value Of Xinjiang Xinxin Mining Industry Co., Ltd. (HKG:3833)
Mar 22Further Upside For Xinjiang Xinxin Mining Industry Co., Ltd. (HKG:3833) Shares Could Introduce Price Risks After 29% Bounce
Feb 23Returns On Capital Are Showing Encouraging Signs At Xinjiang Xinxin Mining Industry (HKG:3833)
Jan 23Here's Why We Think Xinjiang Xinxin Mining Industry (HKG:3833) Might Deserve Your Attention Today
Jul 13Does Xinjiang Xinxin Mining Industry (HKG:3833) Have A Healthy Balance Sheet?
Jun 02Do Xinjiang Xinxin Mining Industry's (HKG:3833) Earnings Warrant Your Attention?
Jan 26There's Been No Shortage Of Growth Recently For Xinjiang Xinxin Mining Industry's (HKG:3833) Returns On Capital
Dec 06We Think Xinjiang Xinxin Mining Industry (HKG:3833) Can Stay On Top Of Its Debt
Nov 11Is Now The Time To Put Xinjiang Xinxin Mining Industry (HKG:3833) On Your Watchlist?
Sep 29Do Xinjiang Xinxin Mining Industry's (HKG:3833) Earnings Warrant Your Attention?
Jun 09Xinjiang Xinxin Mining Industry (HKG:3833) Is Doing The Right Things To Multiply Its Share Price
Mar 25Does Xinjiang Xinxin Mining Industry (HKG:3833) Deserve A Spot On Your Watchlist?
Mar 03Here's Why We Think Xinjiang Xinxin Mining Industry (HKG:3833) Is Well Worth Watching
Nov 24Xinjiang Xinxin Mining Industry (HKG:3833) Is Looking To Continue Growing Its Returns On Capital
Nov 05Is Xinjiang Xinxin Mining Industry (HKG:3833) A Risky Investment?
Sep 29Here's Why I Think Xinjiang Xinxin Mining Industry (HKG:3833) Is An Interesting Stock
Aug 20Xinjiang Xinxin Mining Industry (HKG:3833) Might Have The Makings Of A Multi-Bagger
Jul 20We Think Xinjiang Xinxin Mining Industry (HKG:3833) Can Stay On Top Of Its Debt
May 21Does Xinjiang Xinxin Mining Industry (HKG:3833) Deserve A Spot On Your Watchlist?
May 03Xinjiang Xinxin Mining Industry's (HKG:3833) Earnings Are Of Questionable Quality
Apr 16Xinjiang Xinxin Mining Industry Co., Ltd. (HKG:3833) Shares May Have Slumped 48% But Getting In Cheap Is Still Unlikely
Mar 29Do Institutions Own Xinjiang Xinxin Mining Industry Co., Ltd. (HKG:3833) Shares?
Feb 28Returns On Capital - An Important Metric For Xinjiang Xinxin Mining Industry (HKG:3833)
Jan 31Xinjiang Xinxin Mining Industry (HKG:3833) Takes On Some Risk With Its Use Of Debt
Dec 28Xinjiang Xinxin Mining Industry's (HKG:3833) Shareholders Are Down 58% On Their Shares
Nov 30Financial Position Analysis
Short Term Liabilities: 3833's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 3833's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥982.7M).
Debt to Equity History and Analysis
Debt Level: 3833's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 3833's debt to equity ratio has reduced from 54.5% to 13.8% over the past 5 years.
Debt Coverage: 3833's debt is well covered by operating cash flow (85.2%).
Interest Coverage: 3833's interest payments on its debt are well covered by EBIT (27.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:36 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| 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 here.
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 .
Analyst Sources
Xinjiang Xinxin Mining Industry Co., Ltd. is covered by 4 analysts. 0 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 |
|---|---|
| Belle Chan | BOCI Research Ltd. |
| Michael Yuk | Everbright Securities International (HK) Limited (“EBSIHK”) |
| Yong Guo | Guotai Junan International Holdings Limited |