Guangdong Create Century Intelligent Equipment Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Create Century Intelligent Equipment Group has a total shareholder equity of CN¥5.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are CN¥10.4B and CN¥5.3B respectively. Guangdong Create Century Intelligent Equipment Group's EBIT is CN¥177.2M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥903.5M.
Key information
28.6%
Debt to equity ratio
CN¥1.47b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥903.54m |
| Equity | CN¥5.16b |
| Total liabilities | CN¥5.28b |
| Total assets | CN¥10.44b |
Recent financial health updates
Recent updates
Why Guangdong Create Century Intelligent Equipment Group Corporation Limited (SZSE:300083) Could Be Worth Watching
Nov 22
There May Be Underlying Issues With The Quality Of Guangdong Create Century Intelligent Equipment Group's (SZSE:300083) Earnings
Nov 04Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Takes On Some Risk With Its Use Of Debt
Oct 24What You Can Learn From Guangdong Create Century Intelligent Equipment Group Corporation Limited's (SZSE:300083) P/E
Sep 29Is Guangdong Create Century Intelligent Equipment Group Corporation Limited (SZSE:300083) Potentially Undervalued?
Jul 12Guangdong Create Century Intelligent Equipment Group Corporation Limited (SZSE:300083) Not Flying Under The Radar
Jun 17Guangdong Create Century Intelligent Equipment Group's (SZSE:300083) Shareholders Have More To Worry About Than Only Soft Earnings
May 02We Like These Underlying Return On Capital Trends At Guangdong Create Century Intelligent Equipment Group (SZSE:300083)
Mar 24Guangdong Create Century Intelligent Equipment Group Corporation Limited's (SZSE:300083) P/S Is Still On The Mark Following 25% Share Price Bounce
Mar 03Does This Valuation Of Guangdong Create Century Intelligent Equipment Group Corporation Limited (SZSE:300083) Imply Investors Are Overpaying?
Feb 29Financial Position Analysis
Short Term Liabilities: 300083's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 300083's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300083's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: 300083's debt to equity ratio has reduced from 55.3% to 28.6% over the past 5 years.
Debt Coverage: 300083's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 300083's interest payments on its debt are well covered by EBIT (6.3x coverage).