Weihai Guangtai Airport EquipmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Weihai Guangtai Airport EquipmentLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are CN¥6.4B and CN¥3.2B respectively. Weihai Guangtai Airport EquipmentLtd's EBIT is CN¥201.0M making its interest coverage ratio 9.2. It has cash and short-term investments of CN¥679.3M.
Key information
47.6%
Debt to equity ratio
CN¥1.52b
Debt
| Interest coverage ratio | 9.2x |
| Cash | CN¥679.26m |
| Equity | CN¥3.19b |
| Total liabilities | CN¥3.22b |
| Total assets | CN¥6.40b |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Weihai Guangtai Airport EquipmentLtd (SZSE:002111)
Dec 19
Is Weihai Guangtai Airport EquipmentLtd (SZSE:002111) A Risky Investment?
Nov 17Potential Upside For Weihai Guangtai Airport Equipment Co.,Ltd (SZSE:002111) Not Without Risk
Oct 07Weihai Guangtai Airport EquipmentLtd's (SZSE:002111) Weak Earnings May Only Reveal A Part Of The Whole Picture
Sep 05Weihai Guangtai Airport EquipmentLtd (SZSE:002111) Has Announced That Its Dividend Will Be Reduced To CN¥0.10
Jul 12Weihai Guangtai Airport Equipment Co.,Ltd's (SZSE:002111) Shareholders Might Be Looking For Exit
Jun 26Weihai Guangtai Airport EquipmentLtd (SZSE:002111) Could Be Struggling To Allocate Capital
May 21Weihai Guangtai Airport Equipment Co.,Ltd (SZSE:002111) Stock Catapults 33% Though Its Price And Business Still Lag The Industry
Mar 06Financial Position Analysis
Short Term Liabilities: 002111's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002111's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥978.1M).
Debt to Equity History and Analysis
Debt Level: 002111's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 002111's debt to equity ratio has increased from 37.2% to 47.6% over the past 5 years.
Debt Coverage: 002111's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002111's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 09:07 |
| End of Day Share Price | 2025/01/10 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Weihai Guangtai Airport Equipment Co.,Ltd is covered by 12 analysts. 2 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 |
|---|---|
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Xiang Huang | Credit Suisse |