Asia Cement (China) Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia Cement (China) Holdings has a total shareholder equity of CN¥16.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥19.3B and CN¥2.7B respectively.
Key information
6.7%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.86b |
| Equity | CN¥16.68b |
| Total liabilities | CN¥2.66b |
| Total assets | CN¥19.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 743's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 743's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥718.7M).
Debt to Equity History and Analysis
Debt Level: 743 has more cash than its total debt.
Reducing Debt: 743's debt to equity ratio has reduced from 53.6% to 6.7% over the past 5 years.
Debt Coverage: 743's debt is well covered by operating cash flow (49%).
Interest Coverage: Insufficient data to determine if 743's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:31 |
| End of Day Share Price | 2024/12/23 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 |
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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
Asia Cement (China) Holdings Corporation is covered by 14 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 |
|---|---|
| Rachel Cheung | BNP Paribas Securities (Asia) |
| Wei Luo | China International Capital Corporation Limited |
| Ying Chen | Citigroup Inc |