Suzhou Good-Ark Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Good-Ark Electronics has a total shareholder equity of CN¥3.0B and total debt of CN¥656.5M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥4.4B and CN¥1.4B respectively. Suzhou Good-Ark Electronics's EBIT is CN¥164.4M making its interest coverage ratio -219.1. It has cash and short-term investments of CN¥715.0M.
Key information
21.9%
Debt to equity ratio
CN¥656.50m
Debt
| Interest coverage ratio | -219.1x |
| Cash | CN¥714.98m |
| Equity | CN¥3.00b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥4.39b |
Recent financial health updates
Is Suzhou Good-Ark Electronics (SZSE:002079) Using Too Much Debt?
Dec 04
Is Suzhou Good-Ark Electronics (SZSE:002079) Using Too Much Debt?
Mar 25Recent updates
Is Suzhou Good-Ark Electronics (SZSE:002079) Using Too Much Debt?
Dec 04Suzhou Good-Ark Electronics Co., Ltd. (SZSE:002079) Shares Fly 25% But Investors Aren't Buying For Growth
Nov 12There May Be Some Bright Spots In Suzhou Good-Ark Electronics' (SZSE:002079) Earnings
Nov 06What Suzhou Good-Ark Electronics Co., Ltd.'s (SZSE:002079) 25% Share Price Gain Is Not Telling You
Sep 28Suzhou Good-Ark Electronics Co., Ltd.'s (SZSE:002079) Shareholders Might Be Looking For Exit
Jun 26Some Investors May Be Worried About Suzhou Good-Ark Electronics' (SZSE:002079) Returns On Capital
May 30Some Investors May Be Willing To Look Past Suzhou Good-Ark Electronics' (SZSE:002079) Soft Earnings
Apr 05Is Suzhou Good-Ark Electronics (SZSE:002079) Using Too Much Debt?
Mar 25Suzhou Good-Ark Electronics Co., Ltd.'s (SZSE:002079) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 04Financial Position Analysis
Short Term Liabilities: 002079's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002079's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥206.0M).
Debt to Equity History and Analysis
Debt Level: 002079 has more cash than its total debt.
Reducing Debt: 002079's debt to equity ratio has increased from 1% to 21.9% over the past 5 years.
Debt Coverage: 002079's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002079 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 21:13 |
| 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 |
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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
Suzhou Good-Ark Electronics Co., Ltd. is covered by 3 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 |
|---|---|
| Yan Ma | China International Capital Corporation Limited |
| Shun Feng Liu | Ping An Securities Co. Ltd. |
| Biao Zeng | Zhongtai Securities Co. Ltd. |