Xinji Shaxi Group Balance Sheet Health
Financial Health criteria checks 4/6
Xinji Shaxi Group has a total shareholder equity of CN¥1.2B and total debt of CN¥859.9M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are CN¥2.8B and CN¥1.5B respectively. Xinji Shaxi Group's EBIT is CN¥191.4M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥554.5M.
Key information
69.1%
Debt to equity ratio
CN¥859.93m
Debt
| Interest coverage ratio | 3.3x |
| Cash | CN¥554.54m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥2.78b |
Recent financial health updates
We Think Xinji Shaxi Group (HKG:3603) Is Taking Some Risk With Its Debt
Nov 04
Is Xinji Shaxi Group (HKG:3603) Using Too Much Debt?
Apr 10Xinji Shaxi Group (HKG:3603) Has A Somewhat Strained Balance Sheet
Jun 23Here's Why Xinji Shaxi Group (HKG:3603) Has A Meaningful Debt Burden
Sep 22Xinji Shaxi Group (HKG:3603) Seems To Be Using A Lot Of Debt
Apr 28These 4 Measures Indicate That Xinji Shaxi Group (HKG:3603) Is Using Debt Extensively
Mar 29Recent updates
We Think Xinji Shaxi Group (HKG:3603) Is Taking Some Risk With Its Debt
Nov 04Some Confidence Is Lacking In Xinji Shaxi Group Co., Ltd's (HKG:3603) P/S
Sep 10Shareholders Will Probably Be Cautious Of Increasing Xinji Shaxi Group Co., Ltd's (HKG:3603) CEO Compensation At The Moment
May 23Xinji Shaxi Group Co., Ltd's (HKG:3603) 74% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 26Is Xinji Shaxi Group (HKG:3603) Using Too Much Debt?
Apr 10Xinji Shaxi Group (HKG:3603) Has A Somewhat Strained Balance Sheet
Jun 23Here's Why Xinji Shaxi Group (HKG:3603) Has A Meaningful Debt Burden
Sep 22Xinji Shaxi Group (HKG:3603) Seems To Be Using A Lot Of Debt
Apr 28These 4 Measures Indicate That Xinji Shaxi Group (HKG:3603) Is Using Debt Extensively
Mar 29Do Institutions Own Xinji Shaxi Group Co., Ltd (HKG:3603) Shares?
Mar 04Declining Stock and Decent Financials: Is The Market Wrong About Xinji Shaxi Group Co., Ltd (HKG:3603)?
Feb 11
What Type Of Returns Would Xinji Shaxi Group's(HKG:3603) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 21Don't Ignore The Fact That This Insider Just Sold Some Shares In Xinji Shaxi Group Co., Ltd (HKG:3603)
Dec 31Should You Use Xinji Shaxi Group's (HKG:3603) Statutory Earnings To Analyse It?
Dec 18Could The Xinji Shaxi Group Co., Ltd (HKG:3603) Ownership Structure Tell Us Something Useful?
Nov 27Financial Position Analysis
Short Term Liabilities: 3603's short term assets (CN¥639.0M) exceed its short term liabilities (CN¥397.3M).
Long Term Liabilities: 3603's short term assets (CN¥639.0M) do not cover its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 3603's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 3603's debt to equity ratio has increased from 39.9% to 69.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3603 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3603 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 18:40 |
| End of Day Share Price | 2025/01/22 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
Xinji Shaxi Group Co., Ltd is covered by 0 analysts. 0 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 |
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