LONGi Green Energy Technology Balance Sheet Health
Financial Health criteria checks 3/6
LONGi Green Energy Technology has a total shareholder equity of CN¥63.3B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥155.2B and CN¥91.9B respectively.
Key information
33.7%
Debt to equity ratio
CN¥21.37b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥51.13b |
| Equity | CN¥63.33b |
| Total liabilities | CN¥91.87b |
| Total assets | CN¥155.19b |
Recent financial health updates
Is LONGi Green Energy Technology (SHSE:601012) A Risky Investment?
Nov 27
LONGi Green Energy Technology (SHSE:601012) Seems To Use Debt Quite Sensibly
Jul 03Recent updates
Is LONGi Green Energy Technology (SHSE:601012) A Risky Investment?
Nov 27There's No Escaping LONGi Green Energy Technology Co., Ltd.'s (SHSE:601012) Muted Revenues Despite A 27% Share Price Rise
Oct 01Returns On Capital At LONGi Green Energy Technology (SHSE:601012) Paint A Concerning Picture
Aug 01LONGi Green Energy Technology (SHSE:601012) Seems To Use Debt Quite Sensibly
Jul 03LONGi Green Energy Technology Co., Ltd.'s (SHSE:601012) Shares Not Telling The Full Story
Jun 04Should You Investigate LONGi Green Energy Technology Co., Ltd. (SHSE:601012) At CN¥18.30?
May 22Some Investors May Be Willing To Look Past LONGi Green Energy Technology's (SHSE:601012) Soft Earnings
May 06LONGi Green Energy Technology Co., Ltd. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
May 02Estimating The Fair Value Of LONGi Green Energy Technology Co., Ltd. (SHSE:601012)
Apr 16Financial Position Analysis
Short Term Liabilities: 601012's short term assets (CN¥91.5B) exceed its short term liabilities (CN¥63.0B).
Long Term Liabilities: 601012's short term assets (CN¥91.5B) exceed its long term liabilities (CN¥28.9B).
Debt to Equity History and Analysis
Debt Level: 601012 has more cash than its total debt.
Reducing Debt: 601012's debt to equity ratio has increased from 23.3% to 33.7% over the past 5 years.
Debt Coverage: 601012's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601012's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:27 |
| 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 |
| |
| 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
LONGi Green Energy Technology Co., Ltd. is covered by 48 analysts. 23 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Gary Tsang | BofA Global Research |
| Christeen So | CCB International Securities Limited |