Xingfa Aluminium Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Xingfa Aluminium Holdings has a total shareholder equity of CN¥5.5B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are CN¥14.2B and CN¥8.8B respectively. Xingfa Aluminium Holdings's EBIT is CN¥1.1B making its interest coverage ratio 18.7. It has cash and short-term investments of CN¥2.9B.
Key information
60.6%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | 18.7x |
| Cash | CN¥2.88b |
| Equity | CN¥5.46b |
| Total liabilities | CN¥8.77b |
| Total assets | CN¥14.23b |
Recent financial health updates
Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Sep 28
Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet
Sep 26These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well
Jun 02Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Oct 04Recent updates
Xingfa Aluminium Holdings' (HKG:98) Shareholders Will Receive A Bigger Dividend Than Last Year
May 01Xingfa Aluminium Holdings Limited's (HKG:98) Popularity With Investors Is Under Threat From Overpricing
Mar 19Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Sep 28Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet
Sep 26Here's Why We Think Xingfa Aluminium Holdings (HKG:98) Might Deserve Your Attention Today
Jul 28These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well
Jun 02Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80
May 05Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80
Apr 21Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80
Apr 07Why You Should Care About Xingfa Aluminium Holdings' (HKG:98) Strong Returns On Capital
Nov 05Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Oct 04Here's Why I Think Xingfa Aluminium Holdings (HKG:98) Is An Interesting Stock
Jun 10We Take A Look At Why Xingfa Aluminium Holdings Limited's (HKG:98) CEO Has Earned Their Pay Packet
May 20The Market Lifts Xingfa Aluminium Holdings Limited (HKG:98) Shares 27% But It Can Do More
Apr 13Shareholders Are Loving Xingfa Aluminium Holdings Limited's (HKG:98) 3.8% Yield
Mar 08Financial Position Analysis
Short Term Liabilities: 98's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 98's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 98's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 98's debt to equity ratio has reduced from 74.4% to 60.6% over the past 5 years.
Debt Coverage: 98's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 98's interest payments on its debt are well covered by EBIT (18.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:39 |
| End of Day Share Price | 2024/12/18 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
Xingfa Aluminium Holdings Limited is covered by 2 analysts. 1 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 |
|---|---|
| Sung-yan Chan | ABCI Securities Company Limited |
| Noah Hudson | Guotai Junan International Holdings Limited |