Guangdong Xinbao Electrical Appliances Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Xinbao Electrical Appliances Holdings has a total shareholder equity of CN¥8.1B and total debt of CN¥854.5M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥15.4B and CN¥7.2B respectively. Guangdong Xinbao Electrical Appliances Holdings's EBIT is CN¥1.3B making its interest coverage ratio 46.8. It has cash and short-term investments of CN¥3.2B.
Key information
10.5%
Debt to equity ratio
CN¥854.51m
Debt
| Interest coverage ratio | 46.8x |
| Cash | CN¥3.22b |
| Equity | CN¥8.12b |
| Total liabilities | CN¥7.24b |
| Total assets | CN¥15.35b |
Recent financial health updates
Is Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Using Too Much Debt?
Oct 28
Does Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Have A Healthy Balance Sheet?
Jul 25Recent updates
Returns At Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Appear To Be Weighed Down
Dec 11Is Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Using Too Much Debt?
Oct 28Little Excitement Around Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Earnings
Oct 09Is Now An Opportune Moment To Examine Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705)?
Sep 22Guangdong Xinbao Electrical Appliances Holdings' (SZSE:002705) Solid Earnings May Rest On Weak Foundations
Sep 03Does Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Have A Healthy Balance Sheet?
Jul 25There Is A Reason Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Price Is Undemanding
Jun 25Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Is Due To Pay A Dividend Of CN¥0.40
Jun 09Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Has Some Way To Go To Become A Multi-Bagger
Jun 06Is There An Opportunity With Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) 43% Undervaluation?
May 21Earnings Update: Here's Why Analysts Just Lifted Their Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705) Price Target To CN¥21.19
Apr 30What Does Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Share Price Indicate?
Feb 28Financial Position Analysis
Short Term Liabilities: 002705's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002705's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥357.1M).
Debt to Equity History and Analysis
Debt Level: 002705 has more cash than its total debt.
Reducing Debt: 002705's debt to equity ratio has reduced from 11.6% to 10.5% over the past 5 years.
Debt Coverage: 002705's debt is well covered by operating cash flow (177.7%).
Interest Coverage: 002705's interest payments on its debt are well covered by EBIT (46.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:21 |
| End of Day Share Price | 2024/12/20 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
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd is covered by 15 analysts. 8 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. |
| Wei He | China International Capital Corporation Limited |
| Lu Lu | China International Capital Corporation Limited |