Guangzhou Zhujiang Brewery Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Zhujiang Brewery has a total shareholder equity of CN¥10.6B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥16.0B and CN¥5.5B respectively. Guangzhou Zhujiang Brewery's EBIT is CN¥676.2M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥8.7B.
Key information
21.5%
Debt to equity ratio
CN¥2.27b
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥8.66b |
| Equity | CN¥10.57b |
| Total liabilities | CN¥5.46b |
| Total assets | CN¥16.02b |
Recent financial health updates
Guangzhou Zhujiang Brewery (SZSE:002461) Has A Rock Solid Balance Sheet
Aug 23
Guangzhou Zhujiang Brewery (SZSE:002461) Could Easily Take On More Debt
Apr 22Recent updates
There's Been No Shortage Of Growth Recently For Guangzhou Zhujiang Brewery's (SZSE:002461) Returns On Capital
Dec 18Little Excitement Around Guangzhou Zhujiang Brewery Co., Ltd's (SZSE:002461) Earnings
Nov 17Guangzhou Zhujiang Brewery's (SZSE:002461) Solid Profits Have Weak Fundamentals
Oct 31Does Guangzhou Zhujiang Brewery (SZSE:002461) Deserve A Spot On Your Watchlist?
Oct 01Guangzhou Zhujiang Brewery (SZSE:002461) Shareholders Will Want The ROCE Trajectory To Continue
Sep 12Guangzhou Zhujiang Brewery (SZSE:002461) Has A Rock Solid Balance Sheet
Aug 23Unpleasant Surprises Could Be In Store For Guangzhou Zhujiang Brewery Co., Ltd's (SZSE:002461) Shares
Jul 12Guangzhou Zhujiang Brewery (SZSE:002461) Might Have The Makings Of A Multi-Bagger
May 25Guangzhou Zhujiang Brewery (SZSE:002461) Could Easily Take On More Debt
Apr 22Guangzhou Zhujiang Brewery (SZSE:002461) Strong Profits May Be Masking Some Underlying Issues
Apr 04Financial Position Analysis
Short Term Liabilities: 002461's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 002461's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥881.8M).
Debt to Equity History and Analysis
Debt Level: 002461 has more cash than its total debt.
Reducing Debt: 002461's debt to equity ratio has increased from 5.9% to 21.5% over the past 5 years.
Debt Coverage: 002461's debt is well covered by operating cash flow (44.5%).
Interest Coverage: 002461 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:04 |
| End of Day Share Price | 2025/01/02 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
Guangzhou Zhujiang Brewery Co., Ltd is covered by 14 analysts. 7 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 |
|---|---|
| Tingzhi Xing | China International Capital Corporation Limited |
| Wendan Wang | China International Capital Corporation Limited |
| Yi Jiang | Citic Securities Co., Ltd. |