Shenzhen Kedali Industry Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Kedali Industry has a total shareholder equity of CN¥11.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CN¥18.0B and CN¥6.8B respectively. Shenzhen Kedali Industry's EBIT is CN¥1.6B making its interest coverage ratio 27.8. It has cash and short-term investments of CN¥2.7B.
Key information
14.8%
Debt to equity ratio
CN¥1.66b
Debt
| Interest coverage ratio | 27.8x |
| Cash | CN¥2.75b |
| Equity | CN¥11.23b |
| Total liabilities | CN¥6.79b |
| Total assets | CN¥18.02b |
Recent financial health updates
These 4 Measures Indicate That Shenzhen Kedali Industry (SZSE:002850) Is Using Debt Reasonably Well
Aug 01
Is Shenzhen Kedali Industry (SZSE:002850) A Risky Investment?
Mar 20Recent updates
Should You Think About Buying Shenzhen Kedali Industry Co., Ltd. (SZSE:002850) Now?
Nov 26If EPS Growth Is Important To You, Shenzhen Kedali Industry (SZSE:002850) Presents An Opportunity
Nov 12Returns On Capital Are Showing Encouraging Signs At Shenzhen Kedali Industry (SZSE:002850)
Oct 17Insufficient Growth At Shenzhen Kedali Industry Co., Ltd. (SZSE:002850) Hampers Share Price
Sep 05Shenzhen Kedali Industry Co., Ltd. Just Beat Revenue Estimates By 6.5%
Aug 20These 4 Measures Indicate That Shenzhen Kedali Industry (SZSE:002850) Is Using Debt Reasonably Well
Aug 01What Does Shenzhen Kedali Industry Co., Ltd.'s (SZSE:002850) Share Price Indicate?
Jul 02Returns On Capital Are Showing Encouraging Signs At Shenzhen Kedali Industry (SZSE:002850)
Jun 17Shenzhen Kedali Industry (SZSE:002850) Will Pay A Larger Dividend Than Last Year At CN¥1.50
May 21Shenzhen Kedali Industry Co., Ltd. Just Recorded A 12% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 30Shenzhen Kedali Industry (SZSE:002850) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25Shenzhen Kedali Industry Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 15Is Shenzhen Kedali Industry (SZSE:002850) A Risky Investment?
Mar 20Shenzhen Kedali Industry Co., Ltd. (SZSE:002850) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 002850's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002850's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002850 has more cash than its total debt.
Reducing Debt: 002850's debt to equity ratio has increased from 10.1% to 14.8% over the past 5 years.
Debt Coverage: 002850's debt is well covered by operating cash flow (150.3%).
Interest Coverage: 002850's interest payments on its debt are well covered by EBIT (27.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:52 |
| 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 |
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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
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
Shenzhen Kedali Industry Co., Ltd. is covered by 19 analysts. 13 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 |
|---|---|
| Yu Jie Lo | BofA Global Research |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Ce Zhou | Chasing Securities |