Windey Energy Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Windey Energy Technology Group has a total shareholder equity of CN¥5.6B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are CN¥34.6B and CN¥29.1B respectively. Windey Energy Technology Group's EBIT is CN¥382.5M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥4.3B.
Key information
55.6%
Debt to equity ratio
CN¥3.11b
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥4.30b |
| Equity | CN¥5.59b |
| Total liabilities | CN¥29.05b |
| Total assets | CN¥34.64b |
Recent financial health updates
We Think Windey Energy Technology Group (SZSE:300772) Is Taking Some Risk With Its Debt
Dec 03
Does Windey Energy Technology Group (SZSE:300772) Have A Healthy Balance Sheet?
Aug 14Recent updates
We Think Windey Energy Technology Group (SZSE:300772) Is Taking Some Risk With Its Debt
Dec 03Windey Energy Technology Group (SZSE:300772) Hasn't Managed To Accelerate Its Returns
Oct 18Windey Energy Technology Group Co., Ltd. (SZSE:300772) Might Not Be As Mispriced As It Looks
Sep 30Does Windey Energy Technology Group (SZSE:300772) Have A Healthy Balance Sheet?
Aug 14Windey Energy Technology Group Co., Ltd. (SZSE:300772) Doing What It Can To Lift Shares
Jun 26Windey Energy Technology Group's (SZSE:300772) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 07Even With A 32% Surge, Cautious Investors Are Not Rewarding Windey Energy Technology Group Co., Ltd.'s (SZSE:300772) Performance Completely
Mar 07Financial Position Analysis
Short Term Liabilities: 300772's short term assets (CN¥22.5B) do not cover its short term liabilities (CN¥24.8B).
Long Term Liabilities: 300772's short term assets (CN¥22.5B) exceed its long term liabilities (CN¥4.3B).
Debt to Equity History and Analysis
Debt Level: 300772 has more cash than its total debt.
Reducing Debt: 300772's debt to equity ratio has increased from 25.2% to 55.6% over the past 5 years.
Debt Coverage: 300772's debt is well covered by operating cash flow (22%).
Interest Coverage: 300772 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 | 2024/12/21 14:56 |
| 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
Windey Energy Technology Group Co., Ltd. is covered by 5 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 |
|---|---|
| Yunji Che | China International Capital Corporation Limited |
| Weiqi Wang | Guosen Securities Co., Ltd. |
| Jianguo Shen | Huatai Research |