Alpha Group Balance Sheet Health
Financial Health criteria checks 6/6
Alpha Group has a total shareholder equity of CN¥3.4B and total debt of CN¥619.7M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. Alpha Group's EBIT is CN¥136.8M making its interest coverage ratio 8.7. It has cash and short-term investments of CN¥519.7M.
Key information
18.2%
Debt to equity ratio
CN¥619.69m
Debt
| Interest coverage ratio | 8.7x |
| Cash | CN¥519.69m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002292's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥191.3M).
Debt to Equity History and Analysis
Debt Level: 002292's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 002292's debt to equity ratio has reduced from 33.9% to 18.2% over the past 5 years.
Debt Coverage: 002292's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 002292's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 03:32 |
| End of Day Share Price | 2024/12/27 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
Alpha Group is covered by 24 analysts. 1 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 |
|---|---|
| Zhijian Chen | Changjiang Securities Co. LTD. |
| Yumei Wang | China International Capital Corporation Limited |
| Junjie Huang | China Investment Securities |