Keda Industrial Group Balance Sheet Health
Financial Health criteria checks 5/6
Keda Industrial Group has a total shareholder equity of CN¥13.6B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are CN¥25.2B and CN¥11.5B respectively. Keda Industrial Group's EBIT is CN¥1.1B making its interest coverage ratio -18.4. It has cash and short-term investments of CN¥3.4B.
Key information
46.8%
Debt to equity ratio
CN¥6.38b
Debt
| Interest coverage ratio | -18.4x |
| Cash | CN¥3.43b |
| Equity | CN¥13.62b |
| Total liabilities | CN¥11.53b |
| Total assets | CN¥25.15b |
Recent financial health updates
Keda Industrial Group (SHSE:600499) Has A Somewhat Strained Balance Sheet
Oct 07
Is Keda Industrial Group (SHSE:600499) Using Too Much Debt?
Jun 11Recent updates
Investors Aren't Entirely Convinced By Keda Industrial Group Co., Ltd.'s (SHSE:600499) Earnings
Dec 03Keda Industrial Group (SHSE:600499) Has A Somewhat Strained Balance Sheet
Oct 07Keda Industrial Group (SHSE:600499) Is Experiencing Growth In Returns On Capital
Sep 18Is Keda Industrial Group (SHSE:600499) Using Too Much Debt?
Jun 11Keda Industrial Group (SHSE:600499) Might Have The Makings Of A Multi-Bagger
May 25Weak Statutory Earnings May Not Tell The Whole Story For Keda Industrial Group (SHSE:600499)
Apr 01Keda Industrial Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 30Keda Industrial Group Co., Ltd.'s (SHSE:600499) Price Is Right But Growth Is Lacking
Mar 25Financial Position Analysis
Short Term Liabilities: 600499's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 600499's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 600499's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 600499's debt to equity ratio has reduced from 83.8% to 46.8% over the past 5 years.
Debt Coverage: 600499's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 600499 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:02 |
| End of Day Share Price | 2024/12/24 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
Keda Industrial Group Co., Ltd. is covered by 13 analysts. 3 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 |
|---|---|
| Hongyu Cai | China International Capital Corporation Limited |
| Xiaogang Zheng | China Merchants Securities Co. Ltd. |
| Min Ji | Citic Securities Co., Ltd. |