Guangdong Nedfon Air System Co., Ltd.

SZSE:301043 Stock Report

Market Cap: CN¥1.9b

Guangdong Nedfon Air System Balance Sheet Health

Financial Health criteria checks 5/6

Guangdong Nedfon Air System has a total shareholder equity of CN¥851.7M and total debt of CN¥280.0M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are CN¥1.2B and CN¥397.8M respectively. Guangdong Nedfon Air System's EBIT is CN¥101.4M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥657.4M.

Key information

32.9%

Debt to equity ratio

CN¥280.00m

Debt

Interest coverage ratio-9.6x
CashCN¥657.41m
EquityCN¥851.69m
Total liabilitiesCN¥397.84m
Total assetsCN¥1.25b

Recent financial health updates

No updates

Recent updates

Guangdong Nedfon Air System's (SZSE:301043) Solid Profits Have Weak Fundamentals

Nov 05
Guangdong Nedfon Air System's (SZSE:301043) Solid Profits Have Weak Fundamentals

Guangdong Nedfon Air System (SZSE:301043) Will Pay A Larger Dividend Than Last Year At CN¥0.88

May 26
Guangdong Nedfon Air System (SZSE:301043) Will Pay A Larger Dividend Than Last Year At CN¥0.88

Investors Could Be Concerned With Guangdong Nedfon Air System's (SZSE:301043) Returns On Capital

Apr 17
Investors Could Be Concerned With Guangdong Nedfon Air System's (SZSE:301043) Returns On Capital

Financial Position Analysis

Short Term Liabilities: 301043's short term assets (CN¥919.8M) exceed its short term liabilities (CN¥368.3M).

Long Term Liabilities: 301043's short term assets (CN¥919.8M) exceed its long term liabilities (CN¥29.5M).


Debt to Equity History and Analysis

Debt Level: 301043 has more cash than its total debt.

Reducing Debt: 301043's debt to equity ratio has increased from 0.1% to 32.9% over the past 5 years.

Debt Coverage: 301043's debt is well covered by operating cash flow (31%).

Interest Coverage: 301043 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

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:42
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Analyst Sources

Guangdong Nedfon Air System Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution