Guangdong Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Construction Engineering Group has a total shareholder equity of CN¥14.4B and total debt of CN¥33.0B, which brings its debt-to-equity ratio to 229.8%. Its total assets and total liabilities are CN¥131.7B and CN¥117.3B respectively. Guangdong Construction Engineering Group's EBIT is CN¥2.4B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥17.5B.
Key information
229.8%
Debt to equity ratio
CN¥33.00b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥17.46b |
| Equity | CN¥14.36b |
| Total liabilities | CN¥117.32b |
| Total assets | CN¥131.68b |
Recent financial health updates
Recent updates
Guangdong Construction Engineering Group's (SZSE:002060) Returns Have Hit A Wall
Sep 25
Guangdong Construction Engineering Group Co., Ltd.'s (SZSE:002060) Prospects Need A Boost To Lift Shares
Jul 30Is Guangdong Construction Engineering Group (SZSE:002060) Using Too Much Debt?
Jun 21Slowing Rates Of Return At Guangdong Construction Engineering Group (SZSE:002060) Leave Little Room For Excitement
May 28Guangdong Construction Engineering Group's (SZSE:002060) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 22Capital Allocation Trends At Guangdong Construction Engineering Group (SZSE:002060) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 002060's short term assets (CN¥94.2B) exceed its short term liabilities (CN¥93.2B).
Long Term Liabilities: 002060's short term assets (CN¥94.2B) exceed its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: 002060's net debt to equity ratio (108.2%) is considered high.
Reducing Debt: 002060's debt to equity ratio has reduced from 367.9% to 229.8% over the past 5 years.
Debt Coverage: 002060's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 002060's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:04 |
| 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 |
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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
Guangdong Construction Engineering Group Co., Ltd. is covered by 8 analysts. 1 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Mingxin Sun | Citic Securities Co., Ltd. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |