Gotion High-tech Co.,Ltd.

SZSE:002074 Stock Report

Market Cap: CN¥35.2b

Gotion High-techLtd Balance Sheet Health

Financial Health criteria checks 1/6

Gotion High-techLtd has a total shareholder equity of CN¥25.7B and total debt of CN¥42.8B, which brings its debt-to-equity ratio to 166.5%. Its total assets and total liabilities are CN¥97.6B and CN¥71.9B respectively. Gotion High-techLtd's EBIT is CN¥380.2M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥17.9B.

Key information

166.5%

Debt to equity ratio

CN¥42.77b

Debt

Interest coverage ratio0.5x
CashCN¥17.94b
EquityCN¥25.69b
Total liabilitiesCN¥71.89b
Total assetsCN¥97.57b

Recent financial health updates

Recent updates

Gotion High-techLtd's (SZSE:002074) Attractive Earnings Are Not All Good News For Shareholders

Apr 26
Gotion High-techLtd's (SZSE:002074) Attractive Earnings Are Not All Good News For Shareholders

Earnings Miss: Gotion High-tech Co.,Ltd. Missed EPS By 68% And Analysts Are Revising Their Forecasts

Apr 23
Earnings Miss: Gotion High-tech Co.,Ltd. Missed EPS By 68% And Analysts Are Revising Their Forecasts

Investors Will Want Gotion High-techLtd's (SZSE:002074) Growth In ROCE To Persist

Apr 21
Investors Will Want Gotion High-techLtd's (SZSE:002074) Growth In ROCE To Persist

Here's Why Gotion High-techLtd (SZSE:002074) Can Afford Some Debt

Mar 26
Here's Why Gotion High-techLtd (SZSE:002074) Can Afford Some Debt

Financial Position Analysis

Short Term Liabilities: 002074's short term assets (CN¥44.5B) do not cover its short term liabilities (CN¥47.2B).

Long Term Liabilities: 002074's short term assets (CN¥44.5B) exceed its long term liabilities (CN¥24.7B).


Debt to Equity History and Analysis

Debt Level: 002074's net debt to equity ratio (96.7%) is considered high.

Reducing Debt: 002074's debt to equity ratio has increased from 48.2% to 166.5% over the past 5 years.

Debt Coverage: 002074's debt is not well covered by operating cash flow (5.7%).

Interest Coverage: 002074's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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