Poly Developments and Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
Poly Developments and Holdings Group has a total shareholder equity of CN¥345.0B and total debt of CN¥354.9B, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are CN¥1,373.9B and CN¥1,028.9B respectively. Poly Developments and Holdings Group's EBIT is CN¥21.2B making its interest coverage ratio 15.2. It has cash and short-term investments of CN¥127.8B.
Key information
102.9%
Debt to equity ratio
CN¥354.95b
Debt
| Interest coverage ratio | 15.2x |
| Cash | CN¥127.81b |
| Equity | CN¥345.00b |
| Total liabilities | CN¥1.03t |
| Total assets | CN¥1.37t |
Recent financial health updates
Is Poly Developments and Holdings Group (SHSE:600048) Using Too Much Debt?
Dec 11
Is Poly Developments and Holdings Group (SHSE:600048) A Risky Investment?
Jun 17Here's Why Poly Developments and Holdings Group (SHSE:600048) Is Weighed Down By Its Debt Load
Feb 28Recent updates
Is Poly Developments and Holdings Group (SHSE:600048) Using Too Much Debt?
Dec 11Is There An Opportunity With Poly Developments and Holdings Group Co., Ltd.'s (SHSE:600048) 39% Undervaluation?
Oct 23Not Many Are Piling Into Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) Just Yet
Sep 27Results: Poly Developments and Holdings Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 23Is Poly Developments and Holdings Group (SHSE:600048) A Risky Investment?
Jun 17Poly Developments and Holdings Group Co., Ltd.'s (SHSE:600048) Shares Bounce 37% But Its Business Still Trails The Market
May 20Here's Why Poly Developments and Holdings Group (SHSE:600048) Is Weighed Down By Its Debt Load
Feb 28Financial Position Analysis
Short Term Liabilities: 600048's short term assets (CN¥1,200.3B) exceed its short term liabilities (CN¥732.6B).
Long Term Liabilities: 600048's short term assets (CN¥1,200.3B) exceed its long term liabilities (CN¥296.3B).
Debt to Equity History and Analysis
Debt Level: 600048's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: 600048's debt to equity ratio has reduced from 139% to 102.9% over the past 5 years.
Debt Coverage: 600048's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600048's interest payments on its debt are well covered by EBIT (15.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:04 |
| 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Poly Developments and Holdings Group Co., Ltd. is covered by 48 analysts. 18 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 |
|---|---|
| Shaoshen Zhang | Avic Securities Co., Ltd |
| Tian Shixin | BOCI Research Ltd. |
| Eric Du | BofA Global Research |