Guangdong KinLong Hardware ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong KinLong Hardware ProductsLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥326.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥10.2B and CN¥4.2B respectively. Guangdong KinLong Hardware ProductsLtd's EBIT is CN¥268.6M making its interest coverage ratio 37.2. It has cash and short-term investments of CN¥1.4B.
Key information
5.5%
Debt to equity ratio
CN¥326.15m
Debt
| Interest coverage ratio | 37.2x |
| Cash | CN¥1.41b |
| Equity | CN¥5.97b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥10.21b |
Recent financial health updates
Guangdong KinLong Hardware ProductsLtd (SZSE:002791) Has A Pretty Healthy Balance Sheet
Nov 15
Is Guangdong KinLong Hardware ProductsLtd (SZSE:002791) A Risky Investment?
Aug 14Recent updates
Guangdong KinLong Hardware ProductsLtd (SZSE:002791) Has A Pretty Healthy Balance Sheet
Nov 15Estimating The Fair Value Of Guangdong KinLong Hardware Products Co.,Ltd. (SZSE:002791)
Oct 29Guangdong KinLong Hardware Products Co.,Ltd.'s (SZSE:002791) 40% Price Boost Is Out Of Tune With Earnings
Sep 30Guangdong KinLong Hardware ProductsLtd (SZSE:002791) Could Be Struggling To Allocate Capital
Sep 22Guangdong KinLong Hardware ProductsLtd's (SZSE:002791) Profits Appear To Have Quality Issues
Sep 06Guangdong KinLong Hardware Products Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Sep 03Is Guangdong KinLong Hardware ProductsLtd (SZSE:002791) A Risky Investment?
Aug 14Guangdong KinLong Hardware Products Co.,Ltd. (SZSE:002791) Shares Could Be 25% Below Their Intrinsic Value Estimate
Jul 25Positive Sentiment Still Eludes Guangdong KinLong Hardware Products Co.,Ltd. (SZSE:002791) Following 35% Share Price Slump
Jul 05Market Participants Recognise Guangdong KinLong Hardware Products Co.,Ltd.'s (SZSE:002791) Earnings Pushing Shares 37% Higher
May 21CN¥39.31: That's What Analysts Think Guangdong KinLong Hardware Products Co.,Ltd. (SZSE:002791) Is Worth After Its Latest Results
Apr 26Guangdong KinLong Hardware ProductsLtd's (SZSE:002791) Returns Have Hit A Wall
Apr 12Why Investors Shouldn't Be Surprised By Guangdong KinLong Hardware Products Co.,Ltd.'s (SZSE:002791) P/E
Mar 16Financial Position Analysis
Short Term Liabilities: 002791's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002791's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥326.3M).
Debt to Equity History and Analysis
Debt Level: 002791 has more cash than its total debt.
Reducing Debt: 002791's debt to equity ratio has reduced from 15.4% to 5.5% over the past 5 years.
Debt Coverage: 002791's debt is well covered by operating cash flow (186.2%).
Interest Coverage: 002791's interest payments on its debt are well covered by EBIT (37.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:12 |
| 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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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
Guangdong KinLong Hardware Products Co.,Ltd. is covered by 17 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 |
|---|---|
| Ce Zhou | Chasing Securities |
| Ting Wang | China Galaxy Securities Co., Ltd. |
| Maoda Yang | China International Capital Corporation Limited |