Guangdong Create Century Intelligent Equipment Group Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Create Century Intelligent Equipment Group has a total shareholder equity of CN¥4.9B and total debt of CN¥874.8M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are CN¥8.4B and CN¥3.5B respectively. Guangdong Create Century Intelligent Equipment Group's EBIT is CN¥337.2M making its interest coverage ratio -22.5. It has cash and short-term investments of CN¥725.8M.
Key information
17.8%
Debt to equity ratio
CN¥874.80m
Debt
| Interest coverage ratio | -22.5x |
| Cash | CN¥725.78m |
| Equity | CN¥4.90b |
| Total liabilities | CN¥3.54b |
| Total assets | CN¥8.44b |
Recent financial health updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At Guangdong Create Century Intelligent Equipment Group (SZSE:300083)
Mar 24
Guangdong 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¥4.3B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300083's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥857.3M).
Debt to Equity History and Analysis
Debt Level: 300083's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 300083's debt to equity ratio has reduced from 47.8% to 17.8% over the past 5 years.
Debt Coverage: 300083's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 300083 earns more interest than it pays, so coverage of interest payments is not a concern.