Jiangxi Guoke Defence GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Guoke Defence GroupLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥60.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥3.0B and CN¥710.2M respectively. Jiangxi Guoke Defence GroupLtd's EBIT is CN¥198.8M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥1.1B.
Key information
2.7%
Debt to equity ratio
CN¥60.07m
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥1.13b |
| Equity | CN¥2.25b |
| Total liabilities | CN¥710.23m |
| Total assets | CN¥2.96b |
Recent financial health updates
Jiangxi Guoke Defence GroupLtd (SHSE:688543) Could Easily Take On More Debt
Sep 26
We Think Jiangxi Guoke Defence GroupLtd (SHSE:688543) Can Manage Its Debt With Ease
Jun 05Recent updates
Subdued Growth No Barrier To Jiangxi Guoke Defence Group Co.,Ltd. (SHSE:688543) With Shares Advancing 29%
Nov 05Jiangxi Guoke Defence GroupLtd (SHSE:688543) Could Easily Take On More Debt
Sep 26Jiangxi Guoke Defence GroupLtd's (SHSE:688543) Returns On Capital Not Reflecting Well On The Business
Aug 14We Think Jiangxi Guoke Defence GroupLtd (SHSE:688543) Can Manage Its Debt With Ease
Jun 05Why Jiangxi Guoke Defence GroupLtd's (SHSE:688543) Earnings Are Better Than They Seem
Apr 03Financial Position Analysis
Short Term Liabilities: 688543's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥664.7M).
Long Term Liabilities: 688543's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥45.5M).
Debt to Equity History and Analysis
Debt Level: 688543 has more cash than its total debt.
Reducing Debt: 688543's debt to equity ratio has reduced from 91.7% to 2.7% over the past 5 years.
Debt Coverage: 688543's debt is well covered by operating cash flow (290.6%).
Interest Coverage: 688543 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 | 2024/12/23 11:19 |
| End of Day Share Price | 2024/12/23 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
Jiangxi Guoke Defence Group Co.,Ltd. is covered by 4 analysts. 3 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 |
|---|---|
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |
| Huiwei Yin | Minsheng Securities Co. |