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 ratio | 106.1x |
| Cash | CN¥1.49b |
| Equity | CN¥5.06b |
| Total liabilities | CN¥7.30b |
| Total assets | CN¥12.36b |
Recent financial health updates
No updates
Recent updates
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:37 |
| End of Day Share Price | 2024/12/23 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
China Design Group Co., Ltd. is covered by 14 analysts. 7 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 |
|---|---|
| Chunhui Bi | Changjiang Securities Co. LTD. |
| Rijian Chen | Chasing Securities |
| Tian Guang Long | China Galaxy Securities Co., Ltd. |