Grandjoy Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
Grandjoy Holdings Group has a total shareholder equity of CN¥45.1B and total debt of CN¥68.5B, which brings its debt-to-equity ratio to 152%. Its total assets and total liabilities are CN¥190.9B and CN¥145.8B respectively. Grandjoy Holdings Group's EBIT is CN¥1.2B making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥26.3B.
Key information
152.0%
Debt to equity ratio
CN¥68.54b
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥26.34b |
| Equity | CN¥45.08b |
| Total liabilities | CN¥145.77b |
| Total assets | CN¥190.86b |
Recent financial health updates
Recent updates
Grandjoy Holdings Group Co., Ltd. (SZSE:000031) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Dec 16
Grandjoy Holdings Group Co., Ltd. (SZSE:000031) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Sep 26Is Grandjoy Holdings Group (SZSE:000031) A Risky Investment?
Jun 28Grandjoy Holdings Group Co., Ltd. (SZSE:000031) Shares Fly 27% But Investors Aren't Buying For Growth
May 22Why Investors Shouldn't Be Surprised By Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) Low P/S
Mar 05Financial Position Analysis
Short Term Liabilities: 000031's short term assets (CN¥137.0B) exceed its short term liabilities (CN¥87.6B).
Long Term Liabilities: 000031's short term assets (CN¥137.0B) exceed its long term liabilities (CN¥58.2B).
Debt to Equity History and Analysis
Debt Level: 000031's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: 000031's debt to equity ratio has reduced from 185.8% to 152% over the past 5 years.
Debt Coverage: 000031's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 000031 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 | 2024/12/21 01:59 |
| 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 |
| |
| 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
Grandjoy Holdings Group Co., Ltd. is covered by 10 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 |
|---|---|
| Yi Liu | Changjiang Securities Co. LTD. |
| Liang Long | Chasing Securities |
| Lin Zhu | Everbright Securities Co. Ltd. |