Xiamen Comfort Science&Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen Comfort Science&Technology Group has a total shareholder equity of CN¥4.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥7.3B and CN¥2.8B respectively. Xiamen Comfort Science&Technology Group's EBIT is CN¥63.8M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.3B.
Key information
24.1%
Debt to equity ratio
CN¥1.08b
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥1.33b |
| Equity | CN¥4.46b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥7.27b |
Recent financial health updates
Recent updates
Why We're Not Concerned About Xiamen Comfort Science&Technology Group Co., Ltd's (SZSE:002614) Share Price
Nov 25
Is Xiamen Comfort Science&Technology Group (SZSE:002614) Using Too Much Debt?
Sep 30Xiamen Comfort Science&Technology Group (SZSE:002614) Has Affirmed Its Dividend Of CN¥0.30
May 27We Think You Can Look Beyond Xiamen Comfort Science&Technology Group's (SZSE:002614) Lackluster Earnings
May 03Financial Position Analysis
Short Term Liabilities: 002614's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002614's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥571.8M).
Debt to Equity History and Analysis
Debt Level: 002614 has more cash than its total debt.
Reducing Debt: 002614's debt to equity ratio has increased from 19.6% to 24.1% over the past 5 years.
Debt Coverage: 002614's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 002614 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 | 2024/12/25 23:45 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Xiamen Comfort Science&Technology Group Co., Ltd is covered by 14 analysts. 3 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 |
|---|---|
| Chun Xu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Wei He | China International Capital Corporation Limited |