China Steel Balance Sheet Health
Financial Health criteria checks 3/6
China Steel has a total shareholder equity of NT$343.0B and total debt of NT$262.7B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are NT$697.8B and NT$354.9B respectively. China Steel's EBIT is NT$3.7B making its interest coverage ratio -22.1. It has cash and short-term investments of NT$40.7B.
Key information
76.6%
Debt to equity ratio
NT$262.71b
Debt
| Interest coverage ratio | -22.1x |
| Cash | NT$40.65b |
| Equity | NT$342.96b |
| Total liabilities | NT$354.88b |
| Total assets | NT$697.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHSTC's short term assets (NT$193.0B) exceed its short term liabilities (NT$164.7B).
Long Term Liabilities: CHSTC's short term assets (NT$193.0B) exceed its long term liabilities (NT$190.2B).
Debt to Equity History and Analysis
Debt Level: CHSTC's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: CHSTC's debt to equity ratio has increased from 73.9% to 76.6% over the past 5 years.
Debt Coverage: CHSTC's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: CHSTC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:07 |
| 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
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Analyst Sources
China Steel Corporation is covered by 31 analysts. 9 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 |
| Jim Hung | BNP Paribas Securities (Asia) |
| Jenny Tsai | BNP Paribas Securities (Asia) |