Gettop Acoustic Balance Sheet Health
Financial Health criteria checks 5/6
Gettop Acoustic has a total shareholder equity of CN¥678.1M and total debt of CN¥340.6M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are CN¥1.5B and CN¥833.8M respectively. Gettop Acoustic's EBIT is CN¥125.4M making its interest coverage ratio 19.5. It has cash and short-term investments of CN¥172.2M.
Key information
50.2%
Debt to equity ratio
CN¥340.64m
Debt
| Interest coverage ratio | 19.5x |
| Cash | CN¥172.16m |
| Equity | CN¥678.06m |
| Total liabilities | CN¥833.76m |
| Total assets | CN¥1.51b |
Recent financial health updates
Is Gettop Acoustic (SZSE:002655) Using Too Much Debt?
Oct 21
These 4 Measures Indicate That Gettop Acoustic (SZSE:002655) Is Using Debt Safely
Jul 02Recent updates
Gettop Acoustic Co., Ltd.'s (SZSE:002655) 27% Share Price Surge Not Quite Adding Up
Nov 11Is Gettop Acoustic (SZSE:002655) Using Too Much Debt?
Oct 21These 4 Measures Indicate That Gettop Acoustic (SZSE:002655) Is Using Debt Safely
Jul 02There's Been No Shortage Of Growth Recently For Gettop Acoustic's (SZSE:002655) Returns On Capital
May 31Statutory Profit Doesn't Reflect How Good Gettop Acoustic's (SZSE:002655) Earnings Are
May 06There's Reason For Concern Over Gettop Acoustic Co., Ltd.'s (SZSE:002655) Massive 33% Price Jump
Mar 06Gettop Acoustic's (SZSE:002655) Returns On Capital Are Heading Higher
Feb 27Financial Position Analysis
Short Term Liabilities: 002655's short term assets (CN¥996.1M) exceed its short term liabilities (CN¥756.1M).
Long Term Liabilities: 002655's short term assets (CN¥996.1M) exceed its long term liabilities (CN¥77.6M).
Debt to Equity History and Analysis
Debt Level: 002655's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 002655's debt to equity ratio has increased from 46.6% to 50.2% over the past 5 years.
Debt Coverage: 002655's debt is well covered by operating cash flow (27%).
Interest Coverage: 002655's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:03 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gettop Acoustic Co., Ltd. is covered by 5 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 |
|---|---|
| Jian Kuai | Everbright Securities Co. Ltd. |
| Hui Gao | Everbright Securities Co. Ltd. |
| Ting Deng | Guodu Securities Co. |