Glodon Balance Sheet Health
Financial Health criteria checks 6/6
Glodon has a total shareholder equity of CN¥6.5B and total debt of CN¥3.9M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥10.0B and CN¥3.4B respectively. Glodon's EBIT is CN¥160.9M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥2.5B.
Key information
0.06%
Debt to equity ratio
CN¥3.87m
Debt
| Interest coverage ratio | -10.7x |
| Cash | CN¥2.47b |
| Equity | CN¥6.52b |
| Total liabilities | CN¥3.44b |
| Total assets | CN¥9.95b |
Recent financial health updates
Recent updates
Glodon (SZSE:002410) Could Be Struggling To Allocate Capital
Nov 28
There May Be Reason For Hope In Glodon's (SZSE:002410) Disappointing Earnings
Nov 06Glodon Company Limited's (SZSE:002410) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Sep 27Results: Glodon Company Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 25Is Glodon (SZSE:002410) Using Too Much Debt?
Aug 19Earnings Miss: Glodon Company Limited Missed EPS By 79% And Analysts Are Revising Their Forecasts
Jul 30Glodon's (SZSE:002410) Shareholders Will Receive A Smaller Dividend Than Last Year
May 21Investors Don't See Light At End Of Glodon Company Limited's (SZSE:002410) Tunnel And Push Stock Down 29%
Apr 17We Think You Can Look Beyond Glodon's (SZSE:002410) Lackluster Earnings
Apr 01Glodon Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 28Glodon (SZSE:002410) Will Be Hoping To Turn Its Returns On Capital Around
Feb 29Financial Position Analysis
Short Term Liabilities: 002410's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002410's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥117.4M).
Debt to Equity History and Analysis
Debt Level: 002410 has more cash than its total debt.
Reducing Debt: 002410's debt to equity ratio has reduced from 57% to 0.06% over the past 5 years.
Debt Coverage: 002410's debt is well covered by operating cash flow (23782.1%).
Interest Coverage: 002410 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 | 2024/12/20 08:52 |
| 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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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
Glodon Company Limited is covered by 39 analysts. 17 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 |
|---|---|
| Daley Li | BofA Global Research |
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Shuyun Che | China International Capital Corporation Limited |