Aecc Aero Science and TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Aecc Aero Science and TechnologyLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are CN¥8.7B and CN¥6.1B respectively. Aecc Aero Science and TechnologyLtd's EBIT is CN¥149.8M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥203.9M.
Key information
88.0%
Debt to equity ratio
CN¥2.31b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥203.89m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥6.07b |
| Total assets | CN¥8.70b |
Recent financial health updates
Is Aecc Aero Science and TechnologyLtd (SHSE:600391) Using Too Much Debt?
Sep 30
Here's Why Aecc Aero Science and TechnologyLtd (SHSE:600391) Is Weighed Down By Its Debt Load
Jun 25Recent updates
Aecc Aero Science and TechnologyLtd's (SHSE:600391) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Is Aecc Aero Science and TechnologyLtd (SHSE:600391) Using Too Much Debt?
Sep 30Returns At Aecc Aero Science and TechnologyLtd (SHSE:600391) Are On The Way Up
Jul 31Here's Why Aecc Aero Science and TechnologyLtd (SHSE:600391) Is Weighed Down By Its Debt Load
Jun 25Aecc Aero Science and Technology Co.,Ltd's (SHSE:600391) Price Is Right But Growth Is Lacking
Jun 07We Think Aecc Aero Science and TechnologyLtd's (SHSE:600391) Healthy Earnings Might Be Conservative
Apr 05Returns At Aecc Aero Science and TechnologyLtd (SHSE:600391) Are On The Way Up
Mar 27Aecc Aero Science and Technology Co.,Ltd (SHSE:600391) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 600391's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 600391's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥990.6M).
Debt to Equity History and Analysis
Debt Level: 600391's net debt to equity ratio (80.2%) is considered high.
Reducing Debt: 600391's debt to equity ratio has reduced from 116.2% to 88% over the past 5 years.
Debt Coverage: 600391's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600391's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:24 |
| 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
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
Aecc Aero Science and Technology Co.,Ltd is covered by 12 analysts. 1 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 |
|---|---|
| Miao Wang | China Merchants Securities Co. Ltd. |
| Ning Li | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Yuchen Liu | Everbright Securities Co. Ltd. |