Center International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Center International GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥755.7M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CN¥5.8B and CN¥3.0B respectively. Center International GroupLtd's EBIT is CN¥34.7M making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥1.1B.
Key information
27.1%
Debt to equity ratio
CN¥755.72m
Debt
| Interest coverage ratio | 12.9x |
| Cash | CN¥1.08b |
| Equity | CN¥2.79b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥5.84b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Center International Group Co.,Ltd. (SHSE:603098)
Nov 20
There's Reason For Concern Over Center International Group Co.,Ltd.'s (SHSE:603098) Massive 27% Price Jump
Nov 04Center International GroupLtd (SHSE:603098) Could Be Struggling To Allocate Capital
Aug 22We Think Center International GroupLtd (SHSE:603098) Can Manage Its Debt With Ease
May 30Center International GroupLtd's (SHSE:603098) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Some Investors May Be Worried About Center International GroupLtd's (SHSE:603098) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603098's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603098's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥40.1M).
Debt to Equity History and Analysis
Debt Level: 603098 has more cash than its total debt.
Reducing Debt: 603098's debt to equity ratio has reduced from 29.4% to 27.1% over the past 5 years.
Debt Coverage: 603098's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 603098's interest payments on its debt are well covered by EBIT (12.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 08:40 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Center International Group Co.,Ltd. is covered by 4 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 |
|---|---|
| Hengyu Yue | China Merchants Securities (HK) Co., Ltd |
| Jie Meng | Industrial Securities Co. Ltd. |
| Pianpian Wang | Industrial Securities Co. Ltd. |