LB Group Balance Sheet Health

Financial Health criteria checks 2/6

LB Group has a total shareholder equity of CN¥26.6B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are CN¥66.9B and CN¥40.3B respectively. LB Group's EBIT is CN¥4.7B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥8.3B.

Key information

80.4%

Debt to equity ratio

CN¥21.36b

Debt

Interest coverage ratio	12.6x
Cash	CN¥8.26b
Equity	CN¥26.55b
Total liabilities	CN¥40.33b
Total assets	CN¥66.88b

Recent financial health updates

Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly

Aug 16

Is LB Group (SZSE:002601) Using Too Much Debt?

May 10

Recent updates

Financial Position Analysis

Short Term Liabilities: 002601's short term assets (CN¥23.2B) do not cover its short term liabilities (CN¥29.7B).

Long Term Liabilities: 002601's short term assets (CN¥23.2B) exceed its long term liabilities (CN¥10.6B).

Debt to Equity History and Analysis

Debt Level: 002601's net debt to equity ratio (49.3%) is considered high.

Reducing Debt: 002601's debt to equity ratio has increased from 36.6% to 80.4% over the past 5 years.

Debt Coverage: 002601's debt is not well covered by operating cash flow (17.4%).

Interest Coverage: 002601's interest payments on its debt are well covered by EBIT (12.6x coverage).

LB Group Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly

Is LB Group (SZSE:002601) Using Too Much Debt?

Recent updates

LB Group Co., Ltd. Approves 3rd Quarter Profit Distribution Plan for 2024

LB Group Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

LB Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

At CN¥19.38, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?

Investor sentiment improves as stock rises 16%

Earnings Working Against LB Group Co., Ltd.'s (SZSE:002601) Share Price

Second quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in 2Q 2023)

Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly

LB Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024

Price target increased by 9.3% to CN¥25.17

LB Group Co., Ltd. (SZSE:002601) announces an Equity Buyback for CNY 200 million worth of its shares.

Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

LB Group (SZSE:002601) Is Due To Pay A Dividend Of CN¥0.60

Dividend of CN¥0.60 announced

Should You Investigate LB Group Co., Ltd. (SZSE:002601) At CN¥22.13?

Lb Group Co., Ltd. Approves the Cash Dividend of A Shares for the First Quarter of 2024, Payable on 30 May 2024

Is LB Group (SZSE:002601) Using Too Much Debt?

LB Group Co., Ltd., Annual General Meeting, May 14, 2024

First quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.24 in 1Q 2023)

LB Group Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024

LB Group (SZSE:002601) Will Want To Turn Around Its Return Trends

LB Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024

LB Group Co., Ltd. Implements 3rd Quarter Profit Distribution Plan for 2023, payable on 08 November 2023

LB Group Co., Ltd. Approves Cash Dividend for the Third Quarter of 2023

LB Group Co., Ltd. Proposes Quarterly Cash Dividend for the Third Quarter of 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

LB Group Co., Ltd. Approves Cash Dividend on A Shares for the First Quarter of 2023, Payable on May 29, 2023

Consensus EPS estimates fall by 11%

First quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.45 in 1Q 2022)

High number of new directors

Lb Group Co., Ltd. Approves Profit Distribution for the Third Quarter of 2022

LB Group Co., Ltd. Proposes Profit Distribution for the Third Quarter of 2022

Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.76 in 3Q 2021)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.60 in 2Q 2021)

Price target decreased to CN¥26.25

High number of new directors

LB Group Co., Ltd. Announces of Cash Dividend on A Shares for the First Quarter of 2022, Payable on 17 May 2021

Price target decreased to CN¥41.29

Lomon Billions Group Co., Ltd. Announces Profit Distribution Proposal for the first quarter of 2022

Consensus forecasts updated

Price target decreased to CN¥41.29

LB Group Co., Ltd., Annual General Meeting, May 05, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to CN¥46.26

Third quarter 2021 earnings released: EPS CN¥0.76 (vs CN¥0.32 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.60 (vs CN¥0.20 in 2Q 2020)

Investor sentiment improved over the past week

Lomon Billions Group Co., Ltd. Announces Plan to Be Implemented of Cash Dividend on A Shares, Payable on 17 May 2021

Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥1.29 in FY 2019)

Investor sentiment deteriorated over the past week

Lomon Billions Group Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥48.48

New 90-day high: CN¥41.43

Price target raised to CN¥34.74

Investor sentiment improved over the past week

New 90-day high: CN¥35.12

Price target raised to CN¥30.98

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: CN¥29.30

Third quarter 2020 earnings released: EPS CN¥0.32

Revenue and earnings miss expectations

Market bids up stock over the past week

Price target raised to CN¥27.69