China Design Group Co., Ltd.

SHSE:603018 Stock Report

Market Cap: CN¥5.9b

China Design Group Balance Sheet Health

Financial Health criteria checks 5/6

China Design Group has a total shareholder equity of CN¥5.1B and total debt of CN¥758.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥12.4B and CN¥7.3B respectively. China Design Group's EBIT is CN¥664.7M making its interest coverage ratio 106.1. It has cash and short-term investments of CN¥1.5B.

Key information

15.0%

Debt to equity ratio

CN¥758.00m

Debt

Interest coverage ratio106.1x
CashCN¥1.49b
EquityCN¥5.06b
Total liabilitiesCN¥7.30b
Total assetsCN¥12.36b

Recent financial health updates

These 4 Measures Indicate That China Design Group (SHSE:603018) Is Using Debt Reasonably Well

Nov 19
These 4 Measures Indicate That China Design Group (SHSE:603018) Is Using Debt Reasonably Well

China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

Apr 23
China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

Recent updates

China Design Group's (SHSE:603018) Returns Have Hit A Wall

Dec 18
China Design Group's (SHSE:603018) Returns Have Hit A Wall

These 4 Measures Indicate That China Design Group (SHSE:603018) Is Using Debt Reasonably Well

Nov 19
These 4 Measures Indicate That China Design Group (SHSE:603018) Is Using Debt Reasonably Well

China Design Group Co., Ltd.'s (SHSE:603018) Shares Bounce 35% But Its Business Still Trails The Market

Oct 22
China Design Group Co., Ltd.'s (SHSE:603018) Shares Bounce 35% But Its Business Still Trails The Market

Some Investors May Be Willing To Look Past China Design Group's (SHSE:603018) Soft Earnings

Sep 05
Some Investors May Be Willing To Look Past China Design Group's (SHSE:603018) Soft Earnings

Benign Growth For China Design Group Co., Ltd. (SHSE:603018) Underpins Stock's 25% Plummet

Sep 04
Benign Growth For China Design Group Co., Ltd. (SHSE:603018) Underpins Stock's 25% Plummet

Analysts Just Slashed Their China Design Group Co., Ltd. (SHSE:603018) EPS Numbers

Sep 03
Analysts Just Slashed Their China Design Group Co., Ltd. (SHSE:603018) EPS Numbers

China Design Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Sep 02
China Design Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Calculating The Intrinsic Value Of China Design Group Co., Ltd. (SHSE:603018)

Aug 20
Calculating The Intrinsic Value Of China Design Group Co., Ltd. (SHSE:603018)

Investors Could Be Concerned With China Design Group's (SHSE:603018) Returns On Capital

Aug 01
Investors Could Be Concerned With China Design Group's (SHSE:603018) Returns On Capital

There's No Escaping China Design Group Co., Ltd.'s (SHSE:603018) Muted Earnings Despite A 26% Share Price Rise

May 10
There's No Escaping China Design Group Co., Ltd.'s (SHSE:603018) Muted Earnings Despite A 26% Share Price Rise

China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

Apr 23
China Design Group (SHSE:603018) Seems To Use Debt Rather Sparingly

China Design Group Co., Ltd. (SHSE:603018) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Mar 21
China Design Group Co., Ltd. (SHSE:603018) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Financial Position Analysis

Short Term Liabilities: 603018's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥6.9B).

Long Term Liabilities: 603018's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥433.6M).

Debt to Equity History and Analysis

Debt Level: 603018 has more cash than its total debt.

Reducing Debt: 603018's debt to equity ratio has increased from 13.2% to 15% over the past 5 years.

Debt Coverage: 603018's debt is well covered by operating cash flow (44.3%).

Interest Coverage: 603018's interest payments on its debt are well covered by EBIT (106.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 15:08
End of Day Share Price 2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

China Design Group Co., Ltd. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chunhui BiChangjiang Securities Co. LTD.
Rijian ChenChasing Securities
Tian Guang LongChina Galaxy Securities Co., Ltd.