Guangxi Liugong Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Guangxi Liugong Machinery has a total shareholder equity of CN¥19.0B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are CN¥47.0B and CN¥28.0B respectively. Guangxi Liugong Machinery's EBIT is CN¥1.9B making its interest coverage ratio 26.2. It has cash and short-term investments of CN¥8.0B.
Key information
48.4%
Debt to equity ratio
CN¥9.22b
Debt
| Interest coverage ratio | 26.2x |
| Cash | CN¥8.02b |
| Equity | CN¥19.04b |
| Total liabilities | CN¥27.96b |
| Total assets | CN¥47.01b |
Recent financial health updates
These 4 Measures Indicate That Guangxi Liugong Machinery (SZSE:000528) Is Using Debt Reasonably Well
Aug 26
Here's Why Guangxi Liugong Machinery (SZSE:000528) Can Manage Its Debt Responsibly
May 22Recent updates
Guangxi Liugong Machinery (SZSE:000528) Has Some Way To Go To Become A Multi-Bagger
Nov 28Further Upside For Guangxi Liugong Machinery Co., Ltd. (SZSE:000528) Shares Could Introduce Price Risks After 25% Bounce
Sep 28These 4 Measures Indicate That Guangxi Liugong Machinery (SZSE:000528) Is Using Debt Reasonably Well
Aug 26Investors Holding Back On Guangxi Liugong Machinery Co., Ltd. (SZSE:000528)
Aug 09Guangxi Liugong Machinery (SZSE:000528) Is Increasing Its Dividend To CN¥0.1987
Jun 16Here's Why Guangxi Liugong Machinery (SZSE:000528) Can Manage Its Debt Responsibly
May 22Solid Earnings May Not Tell The Whole Story For Guangxi Liugong Machinery (SZSE:000528)
May 03Market Might Still Lack Some Conviction On Guangxi Liugong Machinery Co., Ltd. (SZSE:000528) Even After 36% Share Price Boost
Apr 17There Are Reasons To Feel Uneasy About Guangxi Liugong Machinery's (SZSE:000528) Returns On Capital
Mar 04Financial Position Analysis
Short Term Liabilities: 000528's short term assets (CN¥33.1B) exceed its short term liabilities (CN¥22.0B).
Long Term Liabilities: 000528's short term assets (CN¥33.1B) exceed its long term liabilities (CN¥5.9B).
Debt to Equity History and Analysis
Debt Level: 000528's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 000528's debt to equity ratio has reduced from 80.5% to 48.4% over the past 5 years.
Debt Coverage: 000528's debt is well covered by operating cash flow (30%).
Interest Coverage: 000528's interest payments on its debt are well covered by EBIT (26.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:01 |
| End of Day Share Price | 2024/12/20 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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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
Guangxi Liugong Machinery Co., Ltd. is covered by 30 analysts. 8 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 |
|---|---|
| Xin Zhang | AJ Securities Co., Ltd |
| Wenzhou Hu | BOCI Research Ltd. |
| Jacqueline Li | BofA Global Research |