Avic Aviation High-Technology Balance Sheet Health
Financial Health criteria checks 6/6
Avic Aviation High-Technology has a total shareholder equity of CN¥7.2B and total debt of CN¥3.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥10.1B and CN¥2.8B respectively. Avic Aviation High-Technology's EBIT is CN¥1.3B making its interest coverage ratio -60.8. It has cash and short-term investments of CN¥1.5B.
Key information
0.04%
Debt to equity ratio
CN¥3.00m
Debt
| Interest coverage ratio | -60.8x |
| Cash | CN¥1.49b |
| Equity | CN¥7.22b |
| Total liabilities | CN¥2.85b |
| Total assets | CN¥10.07b |
Recent financial health updates
No updates
Recent updates
Avic Aviation High-Technology Co., Ltd.'s (SHSE:600862) 37% Share Price Surge Not Quite Adding Up
Oct 21
Investors Will Want Avic Aviation High-Technology's (SHSE:600862) Growth In ROCE To Persist
Oct 03Earnings Not Telling The Story For Avic Aviation High-Technology Co., Ltd. (SHSE:600862)
Jul 05There's Been No Shortage Of Growth Recently For Avic Aviation High-Technology's (SHSE:600862) Returns On Capital
Jun 13Avic Aviation High-Technology Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Mar 18We Like These Underlying Return On Capital Trends At Avic Aviation High-Technology (SHSE:600862)
Mar 01Financial Position Analysis
Short Term Liabilities: 600862's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 600862's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥289.7M).
Debt to Equity History and Analysis
Debt Level: 600862 has more cash than its total debt.
Reducing Debt: 600862's debt to equity ratio has reduced from 16.3% to 0.04% over the past 5 years.
Debt Coverage: 600862's debt is well covered by operating cash flow (6624.1%).
Interest Coverage: 600862 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 | 2024/12/31 11:19 |
| End of Day Share Price | 2024/12/31 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
Avic Aviation High-Technology Co., Ltd. is covered by 11 analysts. 7 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Chao Wang | China Merchants Securities Co. Ltd. |
| Chenshuo Fu | Citic Securities Co., Ltd. |