Grandblue Environment Balance Sheet Health
Financial Health criteria checks 1/6
Grandblue Environment has a total shareholder equity of CN¥13.8B and total debt of CN¥16.8B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are CN¥37.5B and CN¥23.7B respectively. Grandblue Environment's EBIT is CN¥2.3B making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥1.7B.
Key information
121.8%
Debt to equity ratio
CN¥16.82b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥1.69b |
| Equity | CN¥13.81b |
| Total liabilities | CN¥23.65b |
| Total assets | CN¥37.47b |
Recent financial health updates
Recent updates
Returns At Grandblue Environment (SHSE:600323) Appear To Be Weighed Down
Dec 06
Is Grandblue Environment Co., Ltd. (SHSE:600323) Trading At A 40% Discount?
Nov 21Grandblue Environment's (SHSE:600323) Solid Earnings May Rest On Weak Foundations
Nov 04Investors Aren't Buying Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings
Oct 20Return Trends At Grandblue Environment (SHSE:600323) Aren't Appealing
Aug 14Grandblue Environment's (SHSE:600323) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23Is Grandblue Environment (SHSE:600323) A Risky Investment?
Jul 17Little Excitement Around Grandblue Environment Co., Ltd.'s (SHSE:600323) Earnings
May 23Investors Met With Slowing Returns on Capital At Grandblue Environment (SHSE:600323)
Apr 18Financial Position Analysis
Short Term Liabilities: 600323's short term assets (CN¥9.3B) do not cover its short term liabilities (CN¥9.5B).
Long Term Liabilities: 600323's short term assets (CN¥9.3B) do not cover its long term liabilities (CN¥14.1B).
Debt to Equity History and Analysis
Debt Level: 600323's net debt to equity ratio (109.5%) is considered high.
Reducing Debt: 600323's debt to equity ratio has increased from 112.6% to 121.8% over the past 5 years.
Debt Coverage: 600323's debt is not well covered by operating cash flow (13%).
Interest Coverage: 600323's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:22 |
| End of Day Share Price | 2024/12/27 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
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
Grandblue Environment Co., Ltd. is covered by 26 analysts. 4 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 |
|---|---|
| Nian YU | BOCI Research Ltd. |
| Christeen So | CCB International Securities Limited |
| Hongwei Huang | Chasing Securities |