Luzhou Xinglu Water (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Luzhou Xinglu Water (Group) has a total shareholder equity of CN¥3.0B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 99.7%. Its total assets and total liabilities are CN¥7.1B and CN¥4.0B respectively. Luzhou Xinglu Water (Group)'s EBIT is CN¥294.0M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥498.2M.
Key information
99.7%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥498.23m |
| Equity | CN¥3.03b |
| Total liabilities | CN¥4.02b |
| Total assets | CN¥7.05b |
Recent financial health updates
Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky
Aug 30
Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden
Sep 20Recent updates
Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return
Aug 19Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055
Jul 03Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward
May 13Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky
Aug 30Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055
Jun 12Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return
Sep 01Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059
Jun 13Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden
Sep 20Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073
Jun 13Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return
May 09A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns
Mar 14Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?
Feb 07What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?
Dec 27Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?
Dec 09What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 24Financial Position Analysis
Short Term Liabilities: 2281's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2281's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 2281's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: 2281's debt to equity ratio has increased from 83.4% to 99.7% over the past 5 years.
Debt Coverage: 2281's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 2281's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 10:30 |
| End of Day Share Price | 2025/01/03 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
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Analyst Sources
Luzhou Xinglu Water (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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