Guangdong New Grand Long Packing Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong New Grand Long Packing has a total shareholder equity of CN¥355.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥483.8M and CN¥128.6M respectively. Guangdong New Grand Long Packing's EBIT is CN¥62.4M making its interest coverage ratio -16.1. It has cash and short-term investments of CN¥207.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -16.1x |
| Cash | CN¥207.42m |
| Equity | CN¥355.18m |
| Total liabilities | CN¥128.59m |
| Total assets | CN¥483.76m |
Recent financial health updates
No updates
Recent updates
Guangdong New Grand Long Packing's (SZSE:002836) Earnings May Just Be The Starting Point
Nov 06
Guangdong New Grand Long Packing (SZSE:002836) Has Some Way To Go To Become A Multi-Bagger
Oct 25Subdued Growth No Barrier To Guangdong New Grand Long Packing Co., Ltd. (SZSE:002836) With Shares Advancing 26%
May 22Capital Allocation Trends At Guangdong New Grand Long Packing (SZSE:002836) Aren't Ideal
Apr 16Revenues Not Telling The Story For Guangdong New Grand Long Packing Co., Ltd. (SZSE:002836)
Feb 28Financial Position Analysis
Short Term Liabilities: 002836's short term assets (CN¥307.9M) exceed its short term liabilities (CN¥127.1M).
Long Term Liabilities: 002836's short term assets (CN¥307.9M) exceed its long term liabilities (CN¥1.5M).
Debt to Equity History and Analysis
Debt Level: 002836 is debt free.
Reducing Debt: 002836 has no debt compared to 5 years ago when its debt to equity ratio was 17.7%.
Debt Coverage: 002836 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002836 has no debt, therefore 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 | 2024/12/27 03:51 |
| End of Day Share Price | 2024/12/27 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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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 New Grand Long Packing Co., Ltd. is covered by 0 analysts. 0 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 |
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