Alpha Group

SZSE:002292 Stock Report

Market Cap: CN¥14.0b

Alpha Group Balance Sheet Health

Financial Health criteria checks 6/6

Alpha Group has a total shareholder equity of CN¥3.4B and total debt of CN¥619.7M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. Alpha Group's EBIT is CN¥136.8M making its interest coverage ratio 8.7. It has cash and short-term investments of CN¥519.7M.

Key information

18.2%

Debt to equity ratio

CN¥619.69m

Debt

Interest coverage ratio8.7x
CashCN¥519.69m
EquityCN¥3.41b
Total liabilitiesCN¥1.36b
Total assetsCN¥4.77b

Recent financial health updates

These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well

Jun 14
These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well

Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?

Feb 29
Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?

Recent updates

Revenues Not Telling The Story For Alpha Group (SZSE:002292) After Shares Rise 26%

Nov 11
Revenues Not Telling The Story For Alpha Group (SZSE:002292) After Shares Rise 26%

Alpha Group's (SZSE:002292) Solid Earnings Are Supported By Other Strong Factors

Nov 06
Alpha Group's (SZSE:002292) Solid Earnings Are Supported By Other Strong Factors

Estimating The Intrinsic Value Of Alpha Group (SZSE:002292)

Oct 23
Estimating The Intrinsic Value Of Alpha Group (SZSE:002292)

Alpha Group's (SZSE:002292) Share Price Not Quite Adding Up

Sep 04
Alpha Group's (SZSE:002292) Share Price Not Quite Adding Up

At CN¥5.86, Is Alpha Group (SZSE:002292) Worth Looking At Closely?

Jul 17
At CN¥5.86, Is Alpha Group (SZSE:002292) Worth Looking At Closely?

Returns On Capital Are Showing Encouraging Signs At Alpha Group (SZSE:002292)

Jul 02
Returns On Capital Are Showing Encouraging Signs At Alpha Group (SZSE:002292)

These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well

Jun 14
These 4 Measures Indicate That Alpha Group (SZSE:002292) Is Using Debt Reasonably Well

Alpha Group's (SZSE:002292) Performance Is Even Better Than Its Earnings Suggest

May 06
Alpha Group's (SZSE:002292) Performance Is Even Better Than Its Earnings Suggest

Take Care Before Jumping Onto Alpha Group (SZSE:002292) Even Though It's 26% Cheaper

Apr 21
Take Care Before Jumping Onto Alpha Group (SZSE:002292) Even Though It's 26% Cheaper

Estimating The Fair Value Of Alpha Group (SZSE:002292)

Mar 21
Estimating The Fair Value Of Alpha Group (SZSE:002292)

Alpha Group's (SZSE:002292) 29% Jump Shows Its Popularity With Investors

Mar 04
Alpha Group's (SZSE:002292) 29% Jump Shows Its Popularity With Investors

Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?

Feb 29
Would Alpha Group (SZSE:002292) Be Better Off With Less Debt?

Financial Position Analysis

Short Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥191.3M).

Debt to Equity History and Analysis

Debt Level: 002292's net debt to equity ratio (2.9%) is considered satisfactory.

Reducing Debt: 002292's debt to equity ratio has reduced from 33.9% to 18.2% over the past 5 years.

Debt Coverage: 002292's debt is well covered by operating cash flow (56.5%).

Interest Coverage: 002292's interest payments on its debt are well covered by EBIT (8.7x coverage).

Balance Sheet

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