Sichuan Guoguang Agrochemical Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Guoguang Agrochemical has a total shareholder equity of CN¥2.2B and total debt of CN¥9.8M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.6B and CN¥385.7M respectively. Sichuan Guoguang Agrochemical's EBIT is CN¥388.4M making its interest coverage ratio -22.1. It has cash and short-term investments of CN¥1.3B.
Key information
0.4%
Debt to equity ratio
CN¥9.81m
Debt
| Interest coverage ratio | -22.1x |
| Cash | CN¥1.27b |
| Equity | CN¥2.20b |
| Total liabilities | CN¥385.66m |
| Total assets | CN¥2.58b |
Recent financial health updates
We Think Sichuan Guoguang Agrochemical (SZSE:002749) Can Manage Its Debt With Ease
Oct 14
These 4 Measures Indicate That Sichuan Guoguang Agrochemical (SZSE:002749) Is Using Debt Safely
Mar 22Recent updates
We Think Sichuan Guoguang Agrochemical (SZSE:002749) Can Manage Its Debt With Ease
Oct 14Should You Be Adding Sichuan Guoguang Agrochemical (SZSE:002749) To Your Watchlist Today?
Sep 30Sichuan Guoguang Agrochemical's (SZSE:002749) Promising Earnings May Rest On Soft Foundations
Aug 22Sichuan Guoguang Agrochemical (SZSE:002749) Has Announced A Dividend Of CN¥0.25
May 27These 4 Measures Indicate That Sichuan Guoguang Agrochemical (SZSE:002749) Is Using Debt Safely
Mar 22Sichuan Guoguang Agrochemical Co., Ltd. (SZSE:002749) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Mar 05Financial Position Analysis
Short Term Liabilities: 002749's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥331.6M).
Long Term Liabilities: 002749's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥54.1M).
Debt to Equity History and Analysis
Debt Level: 002749 has more cash than its total debt.
Reducing Debt: 002749's debt to equity ratio has increased from 0.3% to 0.4% over the past 5 years.
Debt Coverage: 002749's debt is well covered by operating cash flow (4166.2%).
Interest Coverage: 002749 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 | 2024/12/23 10:33 |
| End of Day Share Price | 2024/12/23 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
Sichuan Guoguang Agrochemical Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Liang Long | Chasing Securities |
| Hui Li | China Merchants Securities Co. Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |