Avary Holding(Shenzhen)Co., Limited

SZSE:002938 Stock Report

Market Cap: CN¥124.9b

Avary Holding(Shenzhen)Co Balance Sheet Health

Financial Health criteria checks 5/6

Avary Holding(Shenzhen)Co has a total shareholder equity of CN¥32.9B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥44.4B and CN¥11.5B respectively. Avary Holding(Shenzhen)Co's EBIT is CN¥3.2B making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥14.9B.

Key information

11.25%

Debt to equity ratio

CN¥3.70b

Debt

Interest coverage ratio-9.1x
CashCN¥14.85b
EquityCN¥32.91b
Total liabilitiesCN¥11.46b
Total assetsCN¥44.38b

Recent financial health updates

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Feb 14
Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Nov 16
Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Recent updates

A Look At The Fair Value Of Avary Holding(Shenzhen)Co., Limited (SZSE:002938)

Mar 27
A Look At The Fair Value Of Avary Holding(Shenzhen)Co., Limited (SZSE:002938)

Is It Too Late To Consider Buying Avary Holding(Shenzhen)Co., Limited (SZSE:002938)?

Feb 27
Is It Too Late To Consider Buying Avary Holding(Shenzhen)Co., Limited (SZSE:002938)?

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Feb 14
Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Be Wary Of Avary Holding(Shenzhen)Co (SZSE:002938) And Its Returns On Capital

Jan 31
Be Wary Of Avary Holding(Shenzhen)Co (SZSE:002938) And Its Returns On Capital

There's No Escaping Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Muted Earnings

Jan 01
There's No Escaping Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Muted Earnings

Is Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Trading At A 35% Discount?

Dec 16
Is Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Trading At A 35% Discount?

Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Nov 16
Is Avary Holding(Shenzhen)Co (SZSE:002938) Using Too Much Debt?

Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Oct 15
Avary Holding(Shenzhen)Co (SZSE:002938) Is Reinvesting At Lower Rates Of Return

Earnings Working Against Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Share Price

Sep 30
Earnings Working Against Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Share Price

Are Investors Undervaluing Avary Holding(Shenzhen)Co., Limited (SZSE:002938) By 23%?

Aug 30
Are Investors Undervaluing Avary Holding(Shenzhen)Co., Limited (SZSE:002938) By 23%?

Financial Position Analysis

Short Term Liabilities: 002938's short term assets (CN¥22.7B) exceed its short term liabilities (CN¥10.4B).

Long Term Liabilities: 002938's short term assets (CN¥22.7B) exceed its long term liabilities (CN¥1.0B).

Debt to Equity History and Analysis

Debt Level: 002938 has more cash than its total debt.

Reducing Debt: 002938's debt to equity ratio has increased from 10.7% to 11.3% over the past 5 years.

Debt Coverage: 002938's debt is well covered by operating cash flow (205.1%).

Interest Coverage: 002938 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

DataLast Updated (UTC time)
Company Analysis2025/07/31 08:44
End of Day Share Price 2025/07/31 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Avary Holding(Shenzhen)Co., Limited is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zongqi TangChina International Capital Corporation Limited
Tao XuCitic Securities Co., Ltd.
Qinrui ZhangCLSA