Guangdong Piano Customized Furniture Co., Ltd.

SZSE:002853 Stock Report

Market Cap: CN¥2.2b

Guangdong Piano Customized Furniture Balance Sheet Health

Financial Health criteria checks 6/6

Guangdong Piano Customized Furniture has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥713.1M respectively.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ration/a
CashCN¥405.78m
EquityCN¥1.32b
Total liabilitiesCN¥713.11m
Total assetsCN¥2.03b

Recent financial health updates

No updates

Recent updates

Subdued Growth No Barrier To Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) With Shares Advancing 26%

Dec 02
Subdued Growth No Barrier To Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) With Shares Advancing 26%

Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Nov 06
Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings

Sep 30
Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings

Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital

Apr 17
Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital

Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%

Mar 08
Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%

Financial Position Analysis

Short Term Liabilities: 002853's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥657.1M).

Long Term Liabilities: 002853's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥56.0M).


Debt to Equity History and Analysis

Debt Level: 002853 is debt free.

Reducing Debt: 002853 has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.

Debt Coverage: 002853 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002853 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 21:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Piano Customized Furniture Co., Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen HeChasing Securities
Bairu ChenChina Galaxy Securities Co., Ltd.
HongPeng LiChina Merchants Securities Co. Ltd.