Hangzhou Binjiang Real Estate Group Co.,Ltd

SZSE:002244 Stock Report

Market Cap: CN¥25.5b

Hangzhou Binjiang Real Estate GroupLtd Balance Sheet Health

Financial Health criteria checks 4/6

Hangzhou Binjiang Real Estate GroupLtd has a total shareholder equity of CN¥58.4B and total debt of CN¥60.6B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are CN¥277.9B and CN¥219.5B respectively. Hangzhou Binjiang Real Estate GroupLtd's EBIT is CN¥2.1B making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥29.3B.

Key information

103.6%

Debt to equity ratio

CN¥60.55b

Debt

Interest coverage ratio-2.2x
CashCN¥29.34b
EquityCN¥58.42b
Total liabilitiesCN¥219.49b
Total assetsCN¥277.91b

Recent financial health updates

These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Sep 23
These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Mar 23
Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Recent updates

An Intrinsic Calculation For Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Suggests It's 49% Undervalued

Oct 16
An Intrinsic Calculation For Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Suggests It's 49% Undervalued

The Market Lifts Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Shares 35% But It Can Do More

Sep 28
The Market Lifts Hangzhou Binjiang Real Estate Group Co.,Ltd (SZSE:002244) Shares 35% But It Can Do More

These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Sep 23
These 4 Measures Indicate That Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Using Debt Extensively

Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Paying Out Less In Dividends Than Last Year

Aug 15
Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Is Paying Out Less In Dividends Than Last Year

Why Investors Shouldn't Be Surprised By Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Low P/E

Aug 08
Why Investors Shouldn't Be Surprised By Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Low P/E

Investors Can Find Comfort In Hangzhou Binjiang Real Estate GroupLtd's (SZSE:002244) Earnings Quality

May 03
Investors Can Find Comfort In Hangzhou Binjiang Real Estate GroupLtd's (SZSE:002244) Earnings Quality

Investors Don't See Light At End Of Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Tunnel

Apr 22
Investors Don't See Light At End Of Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Tunnel

Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Mar 23
Is Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Using Too Much Debt?

Is Now The Time To Put Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) On Your Watchlist?

Mar 01
Is Now The Time To Put Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: 002244's short term assets (CN¥245.0B) exceed its short term liabilities (CN¥189.7B).

Long Term Liabilities: 002244's short term assets (CN¥245.0B) exceed its long term liabilities (CN¥29.8B).

Debt to Equity History and Analysis

Debt Level: 002244's net debt to equity ratio (53.4%) is considered high.

Reducing Debt: 002244's debt to equity ratio has reduced from 137.2% to 103.6% over the past 5 years.

Debt Coverage: 002244's debt is not well covered by operating cash flow (5.5%).

Interest Coverage: 002244 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

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hangzhou Binjiang Real Estate Group Co.,Ltd is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tian ShiXinBOCI Research Ltd.
Eric DuBofA Global Research
Jun LiuChangjiang Securities Co. LTD.