Greatoo Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 2/6
Greatoo Intelligent Equipment has a total shareholder equity of CN¥2.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are CN¥4.4B and CN¥1.9B respectively. Greatoo Intelligent Equipment's EBIT is CN¥19.8M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥171.5M.
Key information
50.4%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥171.46m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥4.36b |
Recent financial health updates
Greatoo Intelligent Equipment (SZSE:002031) Is Making Moderate Use Of Debt
Jul 26
Does Greatoo Intelligent Equipment (SZSE:002031) Have A Healthy Balance Sheet?
Feb 28Recent updates
There's Reason For Concern Over Greatoo Intelligent Equipment Inc.'s (SZSE:002031) Massive 29% Price Jump
Dec 20There's Reason For Concern Over Greatoo Intelligent Equipment Inc.'s (SZSE:002031) Massive 31% Price Jump
Nov 05Greatoo Intelligent Equipment (SZSE:002031) Has Some Difficulty Using Its Capital Effectively
Oct 16Greatoo Intelligent Equipment Inc.'s (SZSE:002031) Popularity With Investors Is Under Threat From Overpricing
Sep 19Greatoo Intelligent Equipment (SZSE:002031) Is Making Moderate Use Of Debt
Jul 26Greatoo Intelligent Equipment Inc.'s (SZSE:002031) 29% Share Price Plunge Could Signal Some Risk
Jun 05Risks Still Elevated At These Prices As Greatoo Intelligent Equipment Inc. (SZSE:002031) Shares Dive 29%
Jun 05Greatoo Intelligent Equipment Inc.'s (SZSE:002031) 26% Share Price Surge Not Quite Adding Up
Mar 06Does Greatoo Intelligent Equipment (SZSE:002031) Have A Healthy Balance Sheet?
Feb 28Financial Position Analysis
Short Term Liabilities: 002031's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002031's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥481.8M).
Debt to Equity History and Analysis
Debt Level: 002031's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 002031's debt to equity ratio has increased from 46.4% to 50.4% 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: 002031 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002031 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:26 |
| End of Day Share Price | 2024/12/27 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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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
Greatoo Intelligent Equipment Inc. is covered by 8 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 |
|---|---|
| Zhipeng Zhang | AJ Securities Co., Ltd |
| Andy Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Yuande Zhang | Founder Securities Co., Ltd. |