Avicopter Balance Sheet Health
Financial Health criteria checks 5/6
Avicopter has a total shareholder equity of CN¥16.3B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥52.7B and CN¥36.4B respectively. Avicopter's EBIT is CN¥309.9M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥6.2B.
Key information
46.2%
Debt to equity ratio
CN¥7.53b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥6.19b |
| Equity | CN¥16.30b |
| Total liabilities | CN¥36.40b |
| Total assets | CN¥52.70b |
Recent financial health updates
Here's Why Avicopter (SHSE:600038) Has A Meaningful Debt Burden
Dec 13
These 4 Measures Indicate That Avicopter (SHSE:600038) Is Using Debt Reasonably Well
May 22Recent updates
Here's Why Avicopter (SHSE:600038) Has A Meaningful Debt Burden
Dec 13Investor Optimism Abounds Avicopter Plc (SHSE:600038) But Growth Is Lacking
Jul 25A Look At The Fair Value Of Avicopter Plc (SHSE:600038)
Jun 12These 4 Measures Indicate That Avicopter (SHSE:600038) Is Using Debt Reasonably Well
May 22Unpleasant Surprises Could Be In Store For Avicopter Plc's (SHSE:600038) Shares
Apr 18We Think That There Are Some Issues For Avicopter (SHSE:600038) Beyond Its Promising Earnings
Mar 23Earnings Update: Here's Why Analysts Just Lifted Their Avicopter Plc (SHSE:600038) Price Target To CN¥47.00
Mar 18Financial Position Analysis
Short Term Liabilities: 600038's short term assets (CN¥45.0B) exceed its short term liabilities (CN¥32.5B).
Long Term Liabilities: 600038's short term assets (CN¥45.0B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 600038's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 600038's debt to equity ratio has increased from 6.5% to 46.2% over the past 5 years.
Debt Coverage: 600038's debt is well covered by operating cash flow (52%).
Interest Coverage: 600038's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:47 |
| End of Day Share Price | 2025/01/10 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
Avicopter Plc is covered by 23 analysts. 5 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 |
|---|---|
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Zhongyu Liu | China International Capital Corporation Limited |