CoCreation Grass Balance Sheet Health
Financial Health criteria checks 6/6
CoCreation Grass has a total shareholder equity of CN¥2.6B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥3.1B and CN¥444.0M respectively. CoCreation Grass's EBIT is CN¥477.3M making its interest coverage ratio -19. It has cash and short-term investments of CN¥934.9M.
Key information
3.8%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -19x |
| Cash | CN¥934.88m |
| Equity | CN¥2.65b |
| Total liabilities | CN¥443.97m |
| Total assets | CN¥3.09b |
Recent financial health updates
Is CoCreation Grass (SHSE:605099) A Risky Investment?
Oct 12
Is CoCreation Grass (SHSE:605099) A Risky Investment?
Jun 19Recent updates
CoCreation Grass Co., Ltd's (SHSE:605099) Shares Lagging The Market But So Is The Business
Dec 17Why CoCreation Grass Co., Ltd (SHSE:605099) Could Be Worth Watching
Nov 29Is CoCreation Grass (SHSE:605099) A Risky Investment?
Oct 12The Returns On Capital At CoCreation Grass (SHSE:605099) Don't Inspire Confidence
Sep 21CoCreation Grass Co., Ltd's (SHSE:605099) Shares Lagging The Market But So Is The Business
Aug 27Is CoCreation Grass (SHSE:605099) A Risky Investment?
Jun 19CoCreation Grass Co., Ltd's (SHSE:605099) Share Price Is Matching Sentiment Around Its Earnings
May 22Is There Now An Opportunity In CoCreation Grass Co., Ltd (SHSE:605099)?
Mar 20Capital Allocation Trends At CoCreation Grass (SHSE:605099) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥417.1M).
Long Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥26.9M).
Debt to Equity History and Analysis
Debt Level: 605099 has more cash than its total debt.
Reducing Debt: 605099's debt to equity ratio has reduced from 15.8% to 3.8% over the past 5 years.
Debt Coverage: 605099's debt is well covered by operating cash flow (447.2%).
Interest Coverage: 605099 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 | 2025/01/04 11:18 |
| End of Day Share Price | 2025/01/03 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 |
| |
| 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
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
CoCreation Grass Co., Ltd is covered by 8 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.
| Analyst | Institution |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |
| Yun Guo | Citic Securities Co., Ltd. |