Guangdong Xinbao Electrical Appliances Holdings Co., Ltd

SZSE:002705 Stock Report

Market Cap: CN¥12.4b

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¥7.9B and total debt of CN¥964.8M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥13.9B and CN¥6.0B respectively. Guangdong Xinbao Electrical Appliances Holdings's EBIT is CN¥1.3B making its interest coverage ratio -314.1. It has cash and short-term investments of CN¥3.5B.

Key information

12.2%

Debt to equity ratio

CN¥964.78m

Debt

Interest coverage ratio-314.1x
CashCN¥3.47b
EquityCN¥7.93b
Total liabilitiesCN¥6.00b
Total assetsCN¥13.93b

Recent financial health updates

No updates

Recent updates

Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Is Due To Pay A Dividend Of CN¥0.40

Jun 09
Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Is Due To Pay A Dividend Of CN¥0.40

Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Has Some Way To Go To Become A Multi-Bagger

Jun 06
Guangdong Xinbao Electrical Appliances Holdings (SZSE:002705) Has Some Way To Go To Become A Multi-Bagger

Is There An Opportunity With Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) 43% Undervaluation?

May 21
Is There An Opportunity With Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) 43% Undervaluation?

Earnings Update: Here's Why Analysts Just Lifted Their Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705) Price Target To CN¥21.19

Apr 30
Earnings Update: Here's Why Analysts Just Lifted Their Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SZSE:002705) Price Target To CN¥21.19

What Does Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Share Price Indicate?

Feb 28
What Does Guangdong Xinbao Electrical Appliances Holdings Co., Ltd's (SZSE:002705) Share Price Indicate?

Financial Position Analysis

Short Term Liabilities: 002705's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥5.8B).

Long Term Liabilities: 002705's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥215.1M).


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 13.1% to 12.2% over the past 5 years.

Debt Coverage: 002705's debt is well covered by operating cash flow (195.3%).

Interest Coverage: 002705 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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