Tibet GaoZheng Explosive Balance Sheet Health
Financial Health criteria checks 4/6
Tibet GaoZheng Explosive has a total shareholder equity of CN¥1.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are CN¥2.7B and CN¥1.6B respectively. Tibet GaoZheng Explosive's EBIT is CN¥173.5M making its interest coverage ratio 9.8. It has cash and short-term investments of CN¥652.1M.
Key information
95.0%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥652.12m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥2.71b |
Recent financial health updates
Here's Why Tibet GaoZheng Explosive (SZSE:002827) Can Manage Its Debt Responsibly
Sep 13
Tibet GaoZheng Explosive (SZSE:002827) Seems To Use Debt Quite Sensibly
May 13Recent updates
Tibet GaoZheng Explosive Co., Ltd.'s (SZSE:002827) Share Price Is Still Matching Investor Opinion Despite 27% Slump
Jan 10Tibet GaoZheng Explosive Co., Ltd.'s (SZSE:002827) P/E Is Still On The Mark Following 28% Share Price Bounce
Nov 08Returns Are Gaining Momentum At Tibet GaoZheng Explosive (SZSE:002827)
Oct 05Here's Why Tibet GaoZheng Explosive (SZSE:002827) Can Manage Its Debt Responsibly
Sep 13Subdued Growth No Barrier To Tibet GaoZheng Explosive Co., Ltd. (SZSE:002827) With Shares Advancing 27%
Aug 19We Like These Underlying Return On Capital Trends At Tibet GaoZheng Explosive (SZSE:002827)
Jun 12Tibet GaoZheng Explosive Co., Ltd.'s (SZSE:002827) 82% Price Boost Is Out Of Tune With Earnings
May 22Tibet GaoZheng Explosive (SZSE:002827) Seems To Use Debt Quite Sensibly
May 13Tibet GaoZheng Explosive Co., Ltd. (SZSE:002827) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 04Slowing Rates Of Return At Tibet GaoZheng Explosive (SZSE:002827) Leave Little Room For Excitement
Feb 28Financial Position Analysis
Short Term Liabilities: 002827's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥898.9M).
Long Term Liabilities: 002827's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥680.7M).
Debt to Equity History and Analysis
Debt Level: 002827's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: 002827's debt to equity ratio has increased from 19.1% to 95% over the past 5 years.
Debt Coverage: 002827's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 002827's interest payments on its debt are well covered by EBIT (9.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 17:45 |
| End of Day Share Price | 2025/02/06 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.
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 Github.
Analyst Sources
Tibet GaoZheng Explosive Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Rongfu Bao | Tianfeng Securities Brokerage Co., Ltd |