Goertek Inc.

SZSE:002241 Stock Report

Market Cap: CN¥86.1b

Goertek Balance Sheet Health

Financial Health criteria checks 5/6

Goertek has a total shareholder equity of CN¥33.0B and total debt of CN¥17.0B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are CN¥81.4B and CN¥48.4B respectively. Goertek's EBIT is CN¥2.4B making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥17.0B.

Key information

51.5%

Debt to equity ratio

CN¥16.99b

Debt

Interest coverage ratio17.5x
CashCN¥17.02b
EquityCN¥33.01b
Total liabilitiesCN¥48.37b
Total assetsCN¥81.38b

Recent financial health updates

Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

Sep 03
Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

Recent updates

Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

Jan 06
Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Dec 23
Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Oct 30
Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)

Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price

Oct 18
Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price

Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital

Sep 17
Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital

Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

Sep 03
Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?

What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?

Aug 15
What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?

Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Jul 15
Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%

Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Jun 11
Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends

Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

May 27
Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult

Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

May 27
Goertek's (SZSE:002241) Dividend Will Be CN¥0.10

Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

May 11
Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?

Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 03
Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings

Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Mar 31
Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next

Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Mar 18
Calculating The Fair Value Of Goertek Inc. (SZSE:002241)

Financial Position Analysis

Short Term Liabilities: 002241's short term assets (CN¥49.2B) exceed its short term liabilities (CN¥43.6B).

Long Term Liabilities: 002241's short term assets (CN¥49.2B) exceed its long term liabilities (CN¥4.7B).

Debt to Equity History and Analysis

Debt Level: 002241 has more cash than its total debt.

Reducing Debt: 002241's debt to equity ratio has increased from 45.9% to 51.5% over the past 5 years.

Debt Coverage: 002241's debt is well covered by operating cash flow (43.6%).

Interest Coverage: 002241's interest payments on its debt are well covered by EBIT (17.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 22:37
End of Day Share Price 2025/01/08 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

Goertek Inc. is covered by 48 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chia Yi ChenBNP Paribas Securities (Asia)
Robert ChengBofA Global Research
Lin SuCCB International Securities Limited