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
Recent updates
Financial 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:35 |
| 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 |
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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
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. |