China Steel Chemical Balance Sheet Health
Financial Health criteria checks 6/6
China Steel Chemical has a total shareholder equity of NT$8.1B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are NT$11.1B and NT$3.0B respectively. China Steel Chemical's EBIT is NT$1.3B making its interest coverage ratio -263.2. It has cash and short-term investments of NT$1.3B.
Key information
18.4%
Debt to equity ratio
NT$1.50b
Debt
| Interest coverage ratio | -263.2x |
| Cash | NT$1.31b |
| Equity | NT$8.11b |
| Total liabilities | NT$3.01b |
| Total assets | NT$11.13b |
Recent financial health updates
Is China Steel Chemical (TWSE:1723) Using Too Much Debt?
Mar 19
Here's Why China Steel Chemical (TPE:1723) Can Manage Its Debt Responsibly
Feb 08
Recent updates
China Steel Chemical (TWSE:1723) Is Paying Out Less In Dividends Than Last Year
Jul 01China Steel Chemical's (TWSE:1723) Dividend Is Being Reduced To NT$4.00
Jun 17Is China Steel Chemical (TWSE:1723) Using Too Much Debt?
Mar 19Our Take On The Returns On Capital At China Steel Chemical (TPE:1723)
Mar 09Is China Steel Chemical Corporation (TPE:1723) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 22Here's Why China Steel Chemical (TPE:1723) Can Manage Its Debt Responsibly
Feb 08Does It Make Sense To Buy China Steel Chemical Corporation (TPE:1723) For Its Yield?
Jan 25Reflecting on China Steel Chemical's (TPE:1723) Share Price Returns Over The Last Three Years
Jan 07China Steel Chemical Corporation (TPE:1723) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 10Are Investors Concerned With What's Going On At China Steel Chemical (TPE:1723)?
Nov 23Financial Position Analysis
Short Term Liabilities: 1723's short term assets (NT$3.3B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1723's short term assets (NT$3.3B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 1723's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 1723's debt to equity ratio has reduced from 42.1% to 18.4% over the past 5 years.
Debt Coverage: 1723's debt is well covered by operating cash flow (74.6%).
Interest Coverage: 1723 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 | 2025/01/03 11:10 |
| End of Day Share Price | 2025/01/03 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
China Steel Chemical Corporation is covered by 11 analysts. 2 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 |
|---|---|
| Changming Yeh | Barclays |
| Scott Wang | CLSA |
| Kunta Kuo | E.Sun Securities Investment Consulting Co. Ltd. |