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
These 4 Measures Indicate That LB Group (SZSE:002601) Is Using Debt Reasonably Well
Dec 16
Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly
Aug 16Is LB Group (SZSE:002601) Using Too Much Debt?
May 10Recent updates
These 4 Measures Indicate That LB Group (SZSE:002601) Is Using Debt Reasonably Well
Dec 16Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital
Oct 29At CN¥19.38, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?
Sep 29Earnings Working Against LB Group Co., Ltd.'s (SZSE:002601) Share Price
Sep 13Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly
Aug 16Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital
Jun 12LB Group (SZSE:002601) Is Due To Pay A Dividend Of CN¥0.60
May 27Should You Investigate LB Group Co., Ltd. (SZSE:002601) At CN¥22.13?
May 26Is LB Group (SZSE:002601) Using Too Much Debt?
May 10LB Group (SZSE:002601) Will Want To Turn Around Its Return Trends
Feb 27Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:20 |
| End of Day Share Price | 2024/12/24 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
LB Group Co., Ltd. is covered by 18 analysts. 11 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 |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Ding Leilei | Chasing Securities |
| Xiongwei Jia | China International Capital Corporation Limited |