Guangzhou Pearl River Piano Group Co.,Ltd

XSEC:002678 Stock Report

Market Cap: CN¥5.3b

Guangzhou Pearl River Piano GroupLtd Balance Sheet Health

Financial Health criteria checks 4/6

Guangzhou Pearl River Piano GroupLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥184.3M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥4.3B and CN¥617.6M respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesCN¥617.61m
Total assetsCN¥4.32b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002678's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥533.6M).

Long Term Liabilities: 002678's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥84.0M).

Debt to Equity History and Analysis

Debt Level: 002678 has more cash than its total debt.

Reducing Debt: 002678's debt to equity ratio has reduced from 9.4% to 5% over the past 5 years.

Debt Coverage: 002678's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 002678's interest payments on its debt are well covered by EBIT.

Balance Sheet

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