Aerospace Hi-Tech Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Aerospace Hi-Tech Holding Group has a total shareholder equity of CN¥4.4B and total debt of CN¥781.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CN¥8.6B and CN¥4.2B respectively.
Key information
17.7%
Debt to equity ratio
CN¥781.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥744.57m |
| Equity | CN¥4.41b |
| Total liabilities | CN¥4.16b |
| Total assets | CN¥8.57b |
Recent financial health updates
Aerospace Hi-Tech Holding Group (SZSE:000901) Is Making Moderate Use Of Debt
Dec 20
Is Aerospace Hi-Tech Holding Group (SZSE:000901) Using Too Much Debt?
Jul 30Recent updates
Aerospace Hi-Tech Holding Group (SZSE:000901) Is Making Moderate Use Of Debt
Dec 20Aerospace Hi-Tech Holding Group Co., Ltd.'s (SZSE:000901) Shares Bounce 28% But Its Business Still Trails The Industry
Nov 14Aerospace Hi-Tech Holding Group Co., Ltd. (SZSE:000901) Stock Catapults 32% Though Its Price And Business Still Lag The Industry
Aug 02Is Aerospace Hi-Tech Holding Group (SZSE:000901) Using Too Much Debt?
Jul 30Aerospace Hi-Tech Holding Group Co., Ltd.'s (SZSE:000901) Business And Shares Still Trailing The Industry
Jun 07Improved Revenues Required Before Aerospace Hi-Tech Holding Group Co., Ltd. (SZSE:000901) Stock's 25% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 000901's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000901's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 000901's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 000901's debt to equity ratio has increased from 11.9% to 17.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000901 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000901 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:52 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Aerospace Hi-Tech Holding Group Co., Ltd. is covered by 2 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 |
|---|---|
| Peitao Qiao | Great Wall Securities Co., Ltd. |
| Yue Chen | TX Investment Consulting Co., Ltd. |