Guangzhou Hangxin Aviation Technology Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Hangxin Aviation Technology has a total shareholder equity of CN¥823.1M and total debt of CN¥893.8M, which brings its debt-to-equity ratio to 108.6%. Its total assets and total liabilities are CN¥2.4B and CN¥1.6B respectively. Guangzhou Hangxin Aviation Technology's EBIT is CN¥68.2M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥217.7M.
Key information
108.6%
Debt to equity ratio
CN¥893.76m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥217.71m |
| Equity | CN¥823.13m |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥2.41b |
Recent financial health updates
Recent updates
Investors Will Want Guangzhou Hangxin Aviation Technology's (SZSE:300424) Growth In ROCE To Persist
Dec 17
The Market Lifts Guangzhou Hangxin Aviation Technology Co., Ltd. (SZSE:300424) Shares 29% But It Can Do More
Nov 15We Think Guangzhou Hangxin Aviation Technology (SZSE:300424) Can Stay On Top Of Its Debt
Oct 18Further Upside For Guangzhou Hangxin Aviation Technology Co., Ltd. (SZSE:300424) Shares Could Introduce Price Risks After 26% Bounce
Oct 01Here's Why We Think Guangzhou Hangxin Aviation Technology (SZSE:300424) Might Deserve Your Attention Today
Sep 28Guangzhou Hangxin Aviation Technology (SZSE:300424) Strong Profits May Be Masking Some Underlying Issues
Sep 03After Leaping 32% Guangzhou Hangxin Aviation Technology Co., Ltd. (SZSE:300424) Shares Are Not Flying Under The Radar
Aug 03Financial Position Analysis
Short Term Liabilities: 300424's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300424's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥574.2M).
Debt to Equity History and Analysis
Debt Level: 300424's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: 300424's debt to equity ratio has increased from 94.1% to 108.6% over the past 5 years.
Debt Coverage: 300424's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 300424's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:06 |
| End of Day Share Price | 2024/12/23 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
Guangzhou Hangxin Aviation Technology 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 |
|---|---|
| Chen Zhao | Everbright Securities Co. Ltd. |
| Junh Li | Guosen Securities Co., Ltd. |
| Zong Chao Wang | Huatai Research |