GuiZhou QianYuan Power Balance Sheet Health
Financial Health criteria checks 1/6
GuiZhou QianYuan Power has a total shareholder equity of CN¥6.9B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are CN¥15.6B and CN¥8.8B respectively. GuiZhou QianYuan Power's EBIT is CN¥810.1M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥277.3M.
Key information
108.8%
Debt to equity ratio
CN¥7.46b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥277.34m |
| Equity | CN¥6.85b |
| Total liabilities | CN¥8.76b |
| Total assets | CN¥15.61b |
Recent financial health updates
Recent updates
We Think GuiZhou QianYuan Power (SZSE:002039) Can Stay On Top Of Its Debt
Oct 03
Investors Continue Waiting On Sidelines For GuiZhou QianYuan Power Co., Ltd. (SZSE:002039)
Sep 16Investors Met With Slowing Returns on Capital At GuiZhou QianYuan Power (SZSE:002039)
Jul 18GuiZhou QianYuan Power Co., Ltd.'s (SZSE:002039) Shares Not Telling The Full Story
May 28Financial Position Analysis
Short Term Liabilities: 002039's short term assets (CN¥473.9M) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002039's short term assets (CN¥473.9M) do not cover its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 002039's net debt to equity ratio (104.8%) is considered high.
Reducing Debt: 002039's debt to equity ratio has reduced from 196.8% to 108.8% over the past 5 years.
Debt Coverage: 002039's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 002039's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:12 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GuiZhou QianYuan Power Co., Ltd. is covered by 6 analysts. 1 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 |
|---|---|
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Wei Wang | Everbright Securities Co. Ltd. |
| Yongkang Deng | Minsheng Securities Co. |