AVIC Heavy Machinery Co., Ltd.

SHSE:600765 Stock Report

Market Cap: CN¥27.8b

AVIC Heavy Machinery Balance Sheet Health

Financial Health criteria checks 5/6

AVIC Heavy Machinery has a total shareholder equity of CN¥13.1B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are CN¥27.1B and CN¥14.0B respectively. AVIC Heavy Machinery's EBIT is CN¥1.6B making its interest coverage ratio 29.9. It has cash and short-term investments of CN¥4.0B.

Key information

29.7%

Debt to equity ratio

CN¥3.88b

Debt

Interest coverage ratio29.9x
CashCN¥4.00b
EquityCN¥13.10b
Total liabilitiesCN¥13.97b
Total assetsCN¥27.07b

Recent financial health updates

AVIC Heavy Machinery (SHSE:600765) Has A Pretty Healthy Balance Sheet

Nov 30
AVIC Heavy Machinery (SHSE:600765) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

Jul 04
These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

Recent updates

Investors Holding Back On AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

Dec 31
Investors Holding Back On AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

AVIC Heavy Machinery (SHSE:600765) Has A Pretty Healthy Balance Sheet

Nov 30
AVIC Heavy Machinery (SHSE:600765) Has A Pretty Healthy Balance Sheet

AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Shares Could Be 34% Below Their Intrinsic Value Estimate

Oct 01
AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Shares Could Be 34% Below Their Intrinsic Value Estimate

Lacklustre Performance Is Driving AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Low P/E

Aug 25
Lacklustre Performance Is Driving AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Low P/E

Investors Will Want AVIC Heavy Machinery's (SHSE:600765) Growth In ROCE To Persist

Aug 07
Investors Will Want AVIC Heavy Machinery's (SHSE:600765) Growth In ROCE To Persist

AVIC Heavy Machinery (SHSE:600765) Ticks All The Boxes When It Comes To Earnings Growth

Jul 20
AVIC Heavy Machinery (SHSE:600765) Ticks All The Boxes When It Comes To Earnings Growth

These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

Jul 04
These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

Estimating The Fair Value Of AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

Jun 04
Estimating The Fair Value Of AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

A Piece Of The Puzzle Missing From AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Share Price

Apr 26
A Piece Of The Puzzle Missing From AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Share Price

AVIC Heavy Machinery (SHSE:600765) Is Looking To Continue Growing Its Returns On Capital

Apr 09
AVIC Heavy Machinery (SHSE:600765) Is Looking To Continue Growing Its Returns On Capital

We Think That There Are Some Issues For AVIC Heavy Machinery (SHSE:600765) Beyond Its Promising Earnings

Mar 22
We Think That There Are Some Issues For AVIC Heavy Machinery (SHSE:600765) Beyond Its Promising Earnings

Newsflash: AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Analysts Have Been Trimming Their Revenue Forecasts

Mar 19
Newsflash: AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Analysts Have Been Trimming Their Revenue Forecasts

Financial Position Analysis

Short Term Liabilities: 600765's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥10.8B).

Long Term Liabilities: 600765's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥3.1B).

Debt to Equity History and Analysis

Debt Level: 600765 has more cash than its total debt.

Reducing Debt: 600765's debt to equity ratio has reduced from 61.9% to 29.7% over the past 5 years.

Debt Coverage: 600765's debt is not well covered by operating cash flow (13.7%).

Interest Coverage: 600765's interest payments on its debt are well covered by EBIT (29.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 20:33
End of Day Share Price 2025/01/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

AVIC Heavy Machinery Co., Ltd. is covered by 17 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.

AnalystInstitution
Zaixian ShuaiAvic Securities Co., Ltd
Chenshuo FuCitic Securities Co., Ltd.
Wei WangEverbright Securities Co. Ltd.