Foshan Electrical and LightingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Electrical and LightingLtd has a total shareholder equity of CN¥10.0B and total debt of CN¥832.4M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥17.3B and CN¥7.3B respectively. Foshan Electrical and LightingLtd's EBIT is CN¥206.7M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥3.2B.
Key information
8.3%
Debt to equity ratio
CN¥832.36m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥3.22b |
| Equity | CN¥10.00b |
| Total liabilities | CN¥7.32b |
| Total assets | CN¥17.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200541's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 200541's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥561.6M).
Debt to Equity History and Analysis
Debt Level: 200541 has more cash than its total debt.
Reducing Debt: 200541's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: 200541's debt is well covered by operating cash flow (119.2%).
Interest Coverage: 200541 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:49 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Foshan Electrical and Lighting Co.,Ltd is covered by 14 analysts. 4 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 |
|---|---|
| Xiaoqiang Gao | Changjiang Securities Co. LTD. |
| Wei He | China International Capital Corporation Limited |
| Jingxin Li | China International Capital Corporation Limited |