China Southern Power Grid TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
China Southern Power Grid TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥120.2M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. China Southern Power Grid TechnologyLtd's EBIT is CN¥410.9M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥2.2B.
Key information
4.0%
Debt to equity ratio
CN¥120.17m
Debt
| Interest coverage ratio | -8.1x |
| Cash | CN¥2.19b |
| Equity | CN¥3.01b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.24b |
Recent financial health updates
Recent updates
Here's Why We Think China Southern Power Grid TechnologyLtd (SHSE:688248) Is Well Worth Watching
Mar 19
Unpleasant Surprises Could Be In Store For China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Shares
Jan 28China Southern Power Grid TechnologyLtd (SHSE:688248) Is Doing The Right Things To Multiply Its Share Price
Dec 12Do China Southern Power Grid TechnologyLtd's (SHSE:688248) Earnings Warrant Your Attention?
Nov 21China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Intrinsic Value Is Potentially 31% Above Its Share Price
Aug 14China Southern Power Grid TechnologyLtd's (SHSE:688248) Solid Earnings Have Been Accounted For Conservatively
Apr 05The Consensus EPS Estimates For China Southern Power Grid Technology Co.,Ltd (SHSE:688248) Just Fell Dramatically
Apr 03China Southern Power Grid Technology Co.,Ltd Recorded A 38% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 02China Southern Power Grid TechnologyLtd (SHSE:688248) Could Easily Take On More Debt
Mar 28Investors Appear Satisfied With China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Prospects As Shares Rocket 26%
Feb 29Financial Position Analysis
Short Term Liabilities: 688248's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688248's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥172.8M).
Debt to Equity History and Analysis
Debt Level: 688248 has more cash than its total debt.
Reducing Debt: 688248's debt to equity ratio has increased from 0% to 4% over the past 5 years.
Debt Coverage: 688248's debt is well covered by operating cash flow (408.7%).
Interest Coverage: 688248 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/23 01:01 |
| End of Day Share Price | 2025/03/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
China Southern Power Grid Technology Co.,Ltd is covered by 6 analysts. 6 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 |
|---|---|
| Zhao Zhang | East Asia Qianhai Securities Co., Ltd |
| Zhongshu Yin | Everbright Securities Co. Ltd. |
| Weiqi Wang | Guosen Securities Co., Ltd. |