Shandong Head GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Head GroupLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥796.8M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥3.9B and CN¥1.7B respectively. Shandong Head GroupLtd's EBIT is CN¥217.3M making its interest coverage ratio -103.5. It has cash and short-term investments of CN¥356.3M.
Key information
35.8%
Debt to equity ratio
CN¥796.80m
Debt
| Interest coverage ratio | -103.5x |
| Cash | CN¥356.34m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥3.94b |
Recent financial health updates
These 4 Measures Indicate That Shandong Head GroupLtd (SZSE:002810) Is Using Debt Extensively
Nov 14
Is Shandong Head GroupLtd (SZSE:002810) Using Too Much Debt?
Aug 01Recent updates
Is It Too Late To Consider Buying Shandong Head Group Co.,Ltd. (SZSE:002810)?
Dec 25These 4 Measures Indicate That Shandong Head GroupLtd (SZSE:002810) Is Using Debt Extensively
Nov 14Shandong Head GroupLtd (SZSE:002810) Might Be Having Difficulty Using Its Capital Effectively
Sep 30Analysts Are More Bearish On Shandong Head Group Co.,Ltd. (SZSE:002810) Than They Used To Be
Aug 26Is Shandong Head GroupLtd (SZSE:002810) Using Too Much Debt?
Aug 01Shandong Head GroupLtd (SZSE:002810) Has More To Do To Multiply In Value Going Forward
Apr 13Should You Investigate Shandong Head Group Co.,Ltd. (SZSE:002810) At CN¥15.43?
Mar 05Financial Position Analysis
Short Term Liabilities: 002810's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002810's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥684.4M).
Debt to Equity History and Analysis
Debt Level: 002810's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 002810's debt to equity ratio has increased from 31% to 35.8% over the past 5 years.
Debt Coverage: 002810's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 002810 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 15:13 |
| 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
Shandong Head Group Co.,Ltd. is covered by 6 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 |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Chao Li | Citic Securities Co., Ltd. |