Guangdong Shenglu Telecommunication Tech Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shenglu Telecommunication Tech has a total shareholder equity of CN¥3.3B and total debt of CN¥215.8M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥4.3B and CN¥1.0B respectively. Guangdong Shenglu Telecommunication Tech's EBIT is CN¥70.4M making its interest coverage ratio -69.4. It has cash and short-term investments of CN¥810.6M.
Key information
6.6%
Debt to equity ratio
CN¥215.83m
Debt
| Interest coverage ratio | -69.4x |
| Cash | CN¥810.61m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥4.29b |
Recent financial health updates
Recent updates
Guangdong Shenglu Telecommunication Tech (SZSE:002446) May Have Issues Allocating Its Capital
Oct 11
Guangdong Shenglu Telecommunication Tech (SZSE:002446) Has A Pretty Healthy Balance Sheet
Jun 26Calculating The Fair Value Of Guangdong Shenglu Telecommunication Tech. Co., Ltd. (SZSE:002446)
May 24There May Be Reason For Hope In Guangdong Shenglu Telecommunication Tech's (SZSE:002446) Disappointing Earnings
May 02Guangdong Shenglu Telecommunication Tech (SZSE:002446) Is Looking To Continue Growing Its Returns On Capital
Apr 23Guangdong Shenglu Telecommunication Tech. Co., Ltd.'s (SZSE:002446) Shares Leap 30% Yet They're Still Not Telling The Full Story
Mar 04Financial Position Analysis
Short Term Liabilities: 002446's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥785.9M).
Long Term Liabilities: 002446's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥218.6M).
Debt to Equity History and Analysis
Debt Level: 002446 has more cash than its total debt.
Reducing Debt: 002446's debt to equity ratio has reduced from 15% to 6.6% over the past 5 years.
Debt Coverage: 002446's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 002446 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 | 2024/12/25 03:20 |
| End of Day Share Price | 2024/12/25 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 Shenglu Telecommunication Tech. Co., Ltd. is covered by 12 analysts. 2 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 |
|---|---|
| Lu Hu | Changjiang Securities Co. LTD. |
| Liangyong Zhang | China Merchants Securities Co. Ltd. |
| Cong Luo | China Merchants Securities Co. Ltd. |