Shougang Fushan Resources Group Limited

SZSC:639 Stock Report

Market Cap: HK$13.3b

Shougang Fushan Resources Group Balance Sheet Health

Financial Health criteria checks 6/6

Shougang Fushan Resources Group has a total shareholder equity of HK$18.4B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$23.1B and HK$4.7B respectively. Shougang Fushan Resources Group's EBIT is HK$2.3B making its interest coverage ratio -11.2. It has cash and short-term investments of HK$9.2B.

Key information

0%

Debt to equity ratio

HK$0

Debt

Interest coverage ratio-11.2x
CashHK$9.23b
EquityHK$18.44b
Total liabilitiesHK$4.70b
Total assetsHK$23.14b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 639's short term assets (HK$11.0B) exceed its short term liabilities (HK$3.2B).

Long Term Liabilities: 639's short term assets (HK$11.0B) exceed its long term liabilities (HK$1.5B).


Debt to Equity History and Analysis

Debt Level: 639 is debt free.

Reducing Debt: 639 has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.

Debt Coverage: 639 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 639 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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