Guangzhou Guanggang Gases & EnergyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Guanggang Gases & EnergyLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥8.0B and CN¥2.1B respectively. Guangzhou Guanggang Gases & EnergyLtd's EBIT is CN¥248.1M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥1.8B.
Key information
19.5%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥1.82b |
| Equity | CN¥5.85b |
| Total liabilities | CN¥2.11b |
| Total assets | CN¥7.97b |
Recent financial health updates
We Think Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) Is Taking Some Risk With Its Debt
Sep 06
Is Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) A Risky Investment?
Mar 24Recent updates
Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) Will Be Hoping To Turn Its Returns On Capital Around
Jan 13Some Confidence Is Lacking In Guangzhou Guanggang Gases & Energy Co.,Ltd.'s (SHSE:688548) P/E
Dec 18Earnings Troubles May Signal Larger Issues for Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) Shareholders
Nov 05We Think Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) Is Taking Some Risk With Its Debt
Sep 06Guangzhou Guanggang Gases & Energy Co.,Ltd. Just Missed EPS By 23%: Here's What Analysts Think Will Happen Next
Aug 01Guangzhou Guanggang Gases & EnergyLtd's (SHSE:688548) Solid Earnings May Rest On Weak Foundations
Apr 26Is Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) A Risky Investment?
Mar 24Financial Position Analysis
Short Term Liabilities: 688548's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 688548's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥796.9M).
Debt to Equity History and Analysis
Debt Level: 688548 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688548's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688548's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 688548 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 | 2025/02/02 11:31 |
| End of Day Share Price | 2025/01/27 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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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
Guangzhou Guanggang Gases & Energy Co.,Ltd. is covered by 5 analysts. 5 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 |
|---|---|
| Di Wu | China International Capital Corporation Limited |
| Lin Yang | Guosen Securities Co., Ltd. |
| Xiaofei Zhang | Haitong International Research Limited |