GKG Precision Machine Balance Sheet Health
Financial Health criteria checks 6/6
GKG Precision Machine has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥815.3M respectively. GKG Precision Machine's EBIT is CN¥18.6M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥1.05b |
| Equity | CN¥1.46b |
| Total liabilities | CN¥815.31m |
| Total assets | CN¥2.28b |
Recent financial health updates
No updates
Recent updates
There Might Be More To GKG Precision Machine's (SZSE:301338) Story Than Just Weak Earnings
Nov 06
GKG Precision Machine Co., Ltd.'s (SZSE:301338) P/E Is Still On The Mark Following 33% Share Price Bounce
Oct 16Weak Statutory Earnings May Not Tell The Whole Story For GKG Precision Machine (SZSE:301338)
May 03Financial Position Analysis
Short Term Liabilities: 301338's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥800.1M).
Long Term Liabilities: 301338's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥15.2M).
Debt to Equity History and Analysis
Debt Level: 301338 is debt free.
Reducing Debt: 301338 has no debt compared to 5 years ago when its debt to equity ratio was 29.9%.
Debt Coverage: 301338 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301338 has no debt, therefore 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 | 2024/12/28 20:38 |
| End of Day Share Price | 2024/12/27 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
GKG Precision Machine Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Ye Zhu | Tianfeng Securities Brokerage Co., Ltd |