Li Ming Development Construction Balance Sheet Health
Financial Health criteria checks 4/6
Li Ming Development Construction has a total shareholder equity of NT$3.3B and total debt of NT$7.7B, which brings its debt-to-equity ratio to 236.6%. Its total assets and total liabilities are NT$12.0B and NT$8.7B respectively. Li Ming Development Construction's EBIT is NT$998.7M making its interest coverage ratio 129.7. It has cash and short-term investments of NT$535.6M.
Key information
236.6%
Debt to equity ratio
NT$7.73b
Debt
| Interest coverage ratio | 129.7x |
| Cash | NT$535.65m |
| Equity | NT$3.27b |
| Total liabilities | NT$8.70b |
| Total assets | NT$11.96b |
Recent financial health updates
Recent updates
Li Ming Development Construction Co., Ltd. (GTSM:6212) Delivered A Weaker ROE Than Its Industry
Mar 17
We're Not So Sure You Should Rely on Li Ming Development Construction's (GTSM:6212) Statutory Earnings
Feb 08Did You Participate In Any Of Li Ming Development Construction's (GTSM:6212) Fantastic 173% Return ?
Jan 11
Is Li Ming Development Construction (GTSM:6212) A Risky Investment?
Dec 14Should We Be Cautious About Li Ming Development Construction Co., Ltd.'s (GTSM:6212) ROE Of 4.8%?
Nov 23Financial Position Analysis
Short Term Liabilities: 6212's short term assets (NT$11.9B) exceed its short term liabilities (NT$8.7B).
Long Term Liabilities: 6212's short term assets (NT$11.9B) exceed its long term liabilities (NT$1.5M).
Debt to Equity History and Analysis
Debt Level: 6212's net debt to equity ratio (220.2%) is considered high.
Reducing Debt: 6212's debt to equity ratio has increased from 132.2% to 236.6% over the past 5 years.
Debt Coverage: 6212's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 6212's interest payments on its debt are well covered by EBIT (129.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:40 |
| End of Day Share Price | 2024/12/30 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
Li Ming Development Construction 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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