ChenGuang Biotech Group Balance Sheet Health
Financial Health criteria checks 3/6
ChenGuang Biotech Group has a total shareholder equity of CN¥3.1B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 129.8%. Its total assets and total liabilities are CN¥7.7B and CN¥4.6B respectively. ChenGuang Biotech Group's EBIT is CN¥311.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥2.6B.
Key information
129.8%
Debt to equity ratio
CN¥4.04b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥2.55b |
| Equity | CN¥3.11b |
| Total liabilities | CN¥4.64b |
| Total assets | CN¥7.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300138's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300138's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 300138's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 300138's debt to equity ratio has increased from 65.7% to 129.8% over the past 5 years.
Debt Coverage: 300138's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 300138's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 12:54 |
| End of Day Share Price | 2024/12/25 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
ChenGuang Biotech Group Co., Ltd. is covered by 7 analysts. 4 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 |
|---|---|
| Siyuan Dong | Changjiang Securities Co. LTD. |
| Wendan Wang | China International Capital Corporation Limited |
| Guang Yao Chen | Founder Securities Co., Ltd. |