Guangdong Ellington Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Ellington Electronics TechnologyLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥209.6M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥5.4B and CN¥1.5B respectively. Guangdong Ellington Electronics TechnologyLtd's EBIT is CN¥438.8M making its interest coverage ratio -7. It has cash and short-term investments of CN¥1.5B.
Key information
5.3%
Debt to equity ratio
CN¥209.56m
Debt
| Interest coverage ratio | -7x |
| Cash | CN¥1.48b |
| Equity | CN¥3.96b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥5.45b |
Recent financial health updates
Recent updates
Guangdong Ellington Electronics TechnologyLtd (SHSE:603328) May Have Issues Allocating Its Capital
Oct 15
We Think Guangdong Ellington Electronics TechnologyLtd (SHSE:603328) Can Manage Its Debt With Ease
Sep 26Not Many Are Piling Into Guangdong Ellington Electronics Technology Co.,Ltd (SHSE:603328) Just Yet
Aug 29Here's What's Concerning About Guangdong Ellington Electronics TechnologyLtd's (SHSE:603328) Returns On Capital
Apr 29Guangdong Ellington Electronics Technology Co.,Ltd's (SHSE:603328) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Mar 07Financial Position Analysis
Short Term Liabilities: 603328's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603328's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥98.5M).
Debt to Equity History and Analysis
Debt Level: 603328 has more cash than its total debt.
Reducing Debt: 603328's debt to equity ratio has increased from 0% to 5.3% over the past 5 years.
Debt Coverage: 603328's debt is well covered by operating cash flow (192%).
Interest Coverage: 603328 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 | 2024/12/24 20:47 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
Guangdong Ellington Electronics Technology Co.,Ltd is covered by 4 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 |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Hemeng Dong | China International Capital Corporation Limited |
| Xiang Liu | Guosen Securities Co., Ltd. |