Red Star Macalline Group Balance Sheet Health
Financial Health criteria checks 1/6
Red Star Macalline Group has a total shareholder equity of CN¥50.7B and total debt of CN¥27.5B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are CN¥118.7B and CN¥67.9B respectively. Red Star Macalline Group's EBIT is CN¥1.0B making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥4.3B.
Key information
54.1%
Debt to equity ratio
CN¥27.45b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥4.28b |
| Equity | CN¥50.74b |
| Total liabilities | CN¥67.92b |
| Total assets | CN¥118.67b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1528's short term assets (CN¥10.2B) do not cover its short term liabilities (CN¥30.9B).
Long Term Liabilities: 1528's short term assets (CN¥10.2B) do not cover its long term liabilities (CN¥37.1B).
Debt to Equity History and Analysis
Debt Level: 1528's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 1528's debt to equity ratio has reduced from 92.4% to 54.1% over the past 5 years.
Debt Coverage: 1528's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1528's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:30 |
| End of Day Share Price | 2024/12/24 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
Red Star Macalline Group Corporation Ltd. is covered by 16 analysts. 3 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| HongPeng Li | China Merchants Securities Co. Ltd. |
| Xiaodi Wang | China Merchants Securities (HK) Co., Ltd |