Guangdong Shunkong DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shunkong DevelopmentLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥6.4B and CN¥2.8B respectively. Guangdong Shunkong DevelopmentLtd's EBIT is CN¥526.9M making its interest coverage ratio 11.7. It has cash and short-term investments of CN¥725.2M.
Key information
50.3%
Debt to equity ratio
CN¥1.77b
Debt
| Interest coverage ratio | 11.7x |
| Cash | CN¥725.23m |
| Equity | CN¥3.52b |
| Total liabilities | CN¥2.85b |
| Total assets | CN¥6.36b |
Recent financial health updates
Guangdong Shunkong DevelopmentLtd (SZSE:003039) Has A Pretty Healthy Balance Sheet
Sep 25
Here's Why Guangdong Shunkong DevelopmentLtd (SZSE:003039) Can Manage Its Debt Responsibly
Feb 28Recent updates
Guangdong Shunkong Development Co.,Ltd.'s (SZSE:003039) Share Price Not Quite Adding Up
Nov 27Guangdong Shunkong DevelopmentLtd (SZSE:003039) Has A Pretty Healthy Balance Sheet
Sep 25Guangdong Shunkong DevelopmentLtd's (SZSE:003039) Dividend Will Be Increased To CN¥0.173
Jun 27Getting In Cheap On Guangdong Shunkong Development Co.,Ltd. (SZSE:003039) Is Unlikely
Jun 03Investors Met With Slowing Returns on Capital At Guangdong Shunkong DevelopmentLtd (SZSE:003039)
Apr 21Here's Why Guangdong Shunkong DevelopmentLtd (SZSE:003039) Can Manage Its Debt Responsibly
Feb 28Financial Position Analysis
Short Term Liabilities: 003039's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 003039's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 003039's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 003039's debt to equity ratio has reduced from 74.6% to 50.3% over the past 5 years.
Debt Coverage: 003039's debt is well covered by operating cash flow (28%).
Interest Coverage: 003039's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 05:21 |
| 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
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Industry and Sector Metrics
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Analyst Sources
Guangdong Shunkong Development Co.,Ltd. is covered by 0 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 |
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