Gaona Aero Material Balance Sheet Health
Financial Health criteria checks 5/6
Gaona Aero Material has a total shareholder equity of CN¥3.9B and total debt of CN¥732.7M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥7.4B and CN¥3.5B respectively. Gaona Aero Material's EBIT is CN¥517.5M making its interest coverage ratio 25.6. It has cash and short-term investments of CN¥353.3M.
Key information
18.6%
Debt to equity ratio
CN¥732.69m
Debt
| Interest coverage ratio | 25.6x |
| Cash | CN¥353.31m |
| Equity | CN¥3.94b |
| Total liabilities | CN¥3.51b |
| Total assets | CN¥7.45b |
Recent financial health updates
Is Gaona Aero Material (SZSE:300034) A Risky Investment?
Dec 24
Does Gaona Aero Material (SZSE:300034) Have A Healthy Balance Sheet?
Sep 17Does Gaona Aero Material (SZSE:300034) Have A Healthy Balance Sheet?
Apr 24Recent updates
Is Gaona Aero Material (SZSE:300034) A Risky Investment?
Dec 24Gaona Aero Material (SZSE:300034) Is Doing The Right Things To Multiply Its Share Price
Oct 27Gaona Aero Material Co., Ltd. (SZSE:300034) Stocks Shoot Up 47% But Its P/E Still Looks Reasonable
Oct 08Does Gaona Aero Material (SZSE:300034) Have A Healthy Balance Sheet?
Sep 17Gaona Aero Material's (SZSE:300034) Returns On Capital Are Heading Higher
Jul 23Gaona Aero Material (SZSE:300034) Has Announced That Its Dividend Will Be Reduced To CN¥0.124
Jul 05Gaona Aero Material Co., Ltd.'s (SZSE:300034) Intrinsic Value Is Potentially 56% Above Its Share Price
May 27Gaona Aero Material Co., Ltd.'s (SZSE:300034) Price Is Out Of Tune With Earnings
May 09Does Gaona Aero Material (SZSE:300034) Have A Healthy Balance Sheet?
Apr 24If EPS Growth Is Important To You, Gaona Aero Material (SZSE:300034) Presents An Opportunity
Apr 11Gaona Aero Material's (SZSE:300034) Returns On Capital Are Heading Higher
Feb 27Financial Position Analysis
Short Term Liabilities: 300034's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 300034's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥672.2M).
Debt to Equity History and Analysis
Debt Level: 300034's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 300034's debt to equity ratio has increased from 6.7% to 18.6% over the past 5 years.
Debt Coverage: 300034's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 300034's interest payments on its debt are well covered by EBIT (25.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:40 |
| End of Day Share Price | 2024/12/24 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
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
Gaona Aero Material Co., Ltd. is covered by 14 analysts. 3 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 |
|---|---|
| Jun Ge | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Junjie Huang | China Investment Securities |