Guangdong Hoshion Industrial Aluminium Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Hoshion Industrial Aluminium has a total shareholder equity of CN¥1.7B and total debt of CN¥891.7M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.9B respectively. Guangdong Hoshion Industrial Aluminium's EBIT is CN¥105.5M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥323.1M.
Key information
51.8%
Debt to equity ratio
CN¥891.71m
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥323.08m |
| Equity | CN¥1.72b |
| Total liabilities | CN¥1.91b |
| Total assets | CN¥3.63b |
Recent financial health updates
Is Guangdong Hoshion Industrial Aluminium (SZSE:002824) A Risky Investment?
Dec 13
We Think Guangdong Hoshion Industrial Aluminium (SZSE:002824) Is Taking Some Risk With Its Debt
Aug 29Recent updates
Is Guangdong Hoshion Industrial Aluminium (SZSE:002824) A Risky Investment?
Dec 13Guangdong Hoshion Industrial Aluminium (SZSE:002824) Is Doing The Right Things To Multiply Its Share Price
Nov 20Guangdong Hoshion Industrial Aluminium Co., Ltd. (SZSE:002824) Stocks Shoot Up 33% But Its P/E Still Looks Reasonable
Oct 25We Think Guangdong Hoshion Industrial Aluminium (SZSE:002824) Is Taking Some Risk With Its Debt
Aug 29Not Many Are Piling Into Guangdong Hoshion Industrial Aluminium Co., Ltd. (SZSE:002824) Just Yet
Aug 02Guangdong Hoshion Industrial Aluminium (SZSE:002824) Is Paying Out Less In Dividends Than Last Year
Jul 14Guangdong Hoshion Industrial Aluminium's (SZSE:002824) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Analysts Have Just Cut Their Guangdong Hoshion Industrial Aluminium Co., Ltd. (SZSE:002824) Revenue Estimates By 17%
Apr 30The Return Trends At Guangdong Hoshion Industrial Aluminium (SZSE:002824) Look Promising
Apr 10Financial Position Analysis
Short Term Liabilities: 002824's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002824's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥753.2M).
Debt to Equity History and Analysis
Debt Level: 002824's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: 002824's debt to equity ratio has increased from 22.1% to 51.8% over the past 5 years.
Debt Coverage: 002824's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 002824's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 12:44 |
| End of Day Share Price | 2024/12/20 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
Guangdong Hoshion Industrial Aluminium Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| null null | Credit Suisse |
| Ming Fan | Credit Suisse |
| Wenjiao Bian | Huatai Research |