Gotion High-tech Co.,Ltd.

SZSE:002074 Stock Report

Market Cap: CN¥38.7b

Gotion High-techLtd Balance Sheet Health

Financial Health criteria checks 1/6

Gotion High-techLtd has a total shareholder equity of CN¥26.5B and total debt of CN¥44.4B, which brings its debt-to-equity ratio to 167.6%. Its total assets and total liabilities are CN¥103.2B and CN¥76.7B respectively. Gotion High-techLtd's EBIT is CN¥1.3B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥17.4B.

Key information

167.6%

Debt to equity ratio

CN¥44.43b

Debt

Interest coverage ratio1.6x
CashCN¥17.42b
EquityCN¥26.51b
Total liabilitiesCN¥76.68b
Total assetsCN¥103.20b

Recent financial health updates

Is Gotion High-techLtd (SZSE:002074) Using Too Much Debt?

Dec 09
Is Gotion High-techLtd (SZSE:002074) Using Too Much Debt?

Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky

Aug 08
Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky

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

Recent updates

Is Gotion High-techLtd (SZSE:002074) Using Too Much Debt?

Dec 09
Is Gotion High-techLtd (SZSE:002074) Using Too Much Debt?

Do Gotion High-techLtd's (SZSE:002074) Earnings Warrant Your Attention?

Nov 21
Do Gotion High-techLtd's (SZSE:002074) Earnings Warrant Your Attention?

Gotion High-techLtd (SZSE:002074) Is Posting Healthy Earnings, But It Is Not All Good News

Nov 05
Gotion High-techLtd (SZSE:002074) Is Posting Healthy Earnings, But It Is Not All Good News

Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares Climb 26% But Its Business Is Yet to Catch Up

Oct 24
Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares Climb 26% But Its Business Is Yet to Catch Up

Gotion High-techLtd (SZSE:002074) Could Be Struggling To Allocate Capital

Aug 26
Gotion High-techLtd (SZSE:002074) Could Be Struggling To Allocate Capital

Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky

Aug 08
Gotion High-techLtd (SZSE:002074) Use Of Debt Could Be Considered Risky

Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares May Have Run Too Fast Too Soon

Jul 16
Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares May Have Run Too Fast Too Soon

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¥47.9B) do not cover its short term liabilities (CN¥52.0B).

Long Term Liabilities: 002074's short term assets (CN¥47.9B) exceed its long term liabilities (CN¥24.6B).

Debt to Equity History and Analysis

Debt Level: 002074's net debt to equity ratio (101.9%) is considered high.

Reducing Debt: 002074's debt to equity ratio has increased from 58.8% to 167.6% over the past 5 years.

Debt Coverage: 002074's debt is not well covered by operating cash flow (5.5%).

Interest Coverage: 002074's interest payments on its debt are not well covered by EBIT (1.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 22:20
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Gotion High-tech Co.,Ltd. is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
Zhen Xiong LyeCFRA Equity Research
Bo Hua WuChangjiang Securities Co. LTD.