Ximei Resources Holding Balance Sheet Health
Financial Health criteria checks 4/6
Ximei Resources Holding has a total shareholder equity of CN¥1.1B and total debt of CN¥638.7M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are CN¥1.9B and CN¥822.0M respectively. Ximei Resources Holding's EBIT is CN¥136.0M making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥120.3M.
Key information
57.7%
Debt to equity ratio
CN¥638.68m
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥120.28m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥822.05m |
| Total assets | CN¥1.93b |
Recent financial health updates
Is Ximei Resources Holding (HKG:9936) A Risky Investment?
Apr 17
Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Sep 07Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Jun 05Ximei Resources Holding (HKG:9936) Has A Pretty Healthy Balance Sheet
Apr 06Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Nov 30Is Ximei Resources Holding (HKG:9936) Using Too Much Debt?
Apr 06Recent updates
Earnings Troubles May Signal Larger Issues for Ximei Resources Holding (HKG:9936) Shareholders
Apr 24Is Ximei Resources Holding (HKG:9936) A Risky Investment?
Apr 17Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Sep 07Returns On Capital Signal Tricky Times Ahead For Ximei Resources Holding (HKG:9936)
Jun 26Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Jun 05Return Trends At Ximei Resources Holding (HKG:9936) Aren't Appealing
Apr 29Ximei Resources Holding (HKG:9936) Has A Pretty Healthy Balance Sheet
Apr 06Should You Be Adding Ximei Resources Holding (HKG:9936) To Your Watchlist Today?
Feb 17Does Ximei Resources Holding (HKG:9936) Have A Healthy Balance Sheet?
Nov 30Returns On Capital At Ximei Resources Holding (HKG:9936) Paint A Concerning Picture
Jul 06Is Ximei Resources Holding (HKG:9936) Using Too Much Debt?
Apr 06What Kind Of Shareholders Hold The Majority In Ximei Resources Holding Limited's (HKG:9936) Shares?
Mar 08The Chairman & CEO of Ximei Resources Holding Limited (HKG:9936), Lijue Wu, Just Bought 30% More Shares
Jan 28
We Wouldn't Rely On Ximei Resources Holding's (HKG:9936) Statutory Earnings As A Guide
Jan 20Is Weakness In Ximei Resources Holding Limited (HKG:9936) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Nov 25Financial Position Analysis
Short Term Liabilities: 9936's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥715.9M).
Long Term Liabilities: 9936's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥106.1M).
Debt to Equity History and Analysis
Debt Level: 9936's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: 9936's debt to equity ratio has reduced from 58.9% to 57.7% over the past 5 years.
Debt Coverage: 9936's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9936's interest payments on its debt are well covered by EBIT (6.8x coverage).