MYS Group Balance Sheet Health
Financial Health criteria checks 5/6
MYS Group has a total shareholder equity of CN¥4.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CN¥7.5B and CN¥2.8B respectively. MYS Group's EBIT is CN¥340.4M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.8B.
Key information
26.4%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥1.82b |
| Equity | CN¥4.67b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥7.47b |
Recent financial health updates
Recent updates
We Think MYS Group (SZSE:002303) Can Manage Its Debt With Ease
Nov 25
MYS Group Co., Ltd.'s (SZSE:002303) Shares Lagging The Market But So Is The Business
Oct 24A Look At The Fair Value Of MYS Group Co., Ltd. (SZSE:002303)
Sep 18MYS Group (SZSE:002303) Will Be Hoping To Turn Its Returns On Capital Around
Jul 31MYS Group (SZSE:002303) Will Pay A Larger Dividend Than Last Year At CN¥0.13
Jul 05Calculating The Fair Value Of MYS Group Co., Ltd. (SZSE:002303)
May 29MYS Group's (SZSE:002303) Earnings Seem To Be Promising
May 02Financial Position Analysis
Short Term Liabilities: 002303's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002303's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥367.3M).
Debt to Equity History and Analysis
Debt Level: 002303 has more cash than its total debt.
Reducing Debt: 002303's debt to equity ratio has increased from 9.5% to 26.4% over the past 5 years.
Debt Coverage: 002303's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 002303 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 | 2024/12/27 16:04 |
| 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
MYS Group Co., Ltd. is covered by 12 analysts. 0 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Kai Zheng | China Merchants Securities Co. Ltd. |
| Jia Zhu | Citic Securities Co., Ltd. |