Hangzhou Advance Gearbox Group Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Advance Gearbox Group has a total shareholder equity of CN¥2.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are CN¥5.0B and CN¥2.3B respectively. Hangzhou Advance Gearbox Group's EBIT is CN¥47.8M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥417.0M.
Key information
40.4%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥416.98m |
| Equity | CN¥2.64b |
| Total liabilities | CN¥2.34b |
| Total assets | CN¥4.99b |
Recent financial health updates
No updates
Recent updates
Hangzhou Advance Gearbox Group's (SHSE:601177) Problems Go Beyond Weak Profit
Nov 04
There Is A Reason Hangzhou Advance Gearbox Group Co., Ltd.'s (SHSE:601177) Price Is Undemanding
Sep 30Investors Will Want Hangzhou Advance Gearbox Group's (SHSE:601177) Growth In ROCE To Persist
Jun 06Hangzhou Advance Gearbox Group's (SHSE:601177) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 02Financial Position Analysis
Short Term Liabilities: 601177's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 601177's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥626.4M).
Debt to Equity History and Analysis
Debt Level: 601177's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 601177's debt to equity ratio has reduced from 62.7% to 40.4% over the past 5 years.
Debt Coverage: 601177's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 601177 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 01:19 |
| 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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Industry and Sector Metrics
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Analyst Sources
Hangzhou Advance Gearbox Group Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |