Guangdong Chj IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Chj IndustryLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥471.6M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥6.0B and CN¥2.1B respectively. Guangdong Chj IndustryLtd's EBIT is CN¥456.5M making its interest coverage ratio 16.7. It has cash and short-term investments of CN¥645.6M.
Key information
12.1%
Debt to equity ratio
CN¥471.64m
Debt
| Interest coverage ratio | 16.7x |
| Cash | CN¥645.58m |
| Equity | CN¥3.90b |
| Total liabilities | CN¥2.08b |
| Total assets | CN¥5.98b |
Recent financial health updates
Recent updates
Guangdong Chj IndustryLtd (SZSE:002345) Seems To Use Debt Rather Sparingly
Oct 01
Guangdong Chj IndustryLtd (SZSE:002345) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25
Jun 01Guangdong Chj Industry Co.,Ltd. (SZSE:002345) Shares Could Be 33% Above Their Intrinsic Value Estimate
Apr 22Guangdong Chj Industry Co.,Ltd. (SZSE:002345) Might Not Be As Mispriced As It Looks
Mar 12Financial Position Analysis
Short Term Liabilities: 002345's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002345's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥178.8M).
Debt to Equity History and Analysis
Debt Level: 002345 has more cash than its total debt.
Reducing Debt: 002345's debt to equity ratio has reduced from 24.5% to 12.1% over the past 5 years.
Debt Coverage: 002345's debt is well covered by operating cash flow (121.8%).
Interest Coverage: 002345's interest payments on its debt are well covered by EBIT (16.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:22 |
| 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
Guangdong Chj Industry Co.,Ltd. is covered by 20 analysts. 9 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 |
|---|---|
| Jin Li | Changjiang Securities Co. LTD. |
| Wenhui Song | China International Capital Corporation Limited |
| Runbo Yang | China International Capital Corporation Limited |