China Overseas Grand Oceans Group Balance Sheet Health
Financial Health criteria checks 4/6
China Overseas Grand Oceans Group has a total shareholder equity of CN¥38.0B and total debt of CN¥42.7B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are CN¥140.0B and CN¥102.0B respectively. China Overseas Grand Oceans Group's EBIT is CN¥3.5B making its interest coverage ratio -13.1. It has cash and short-term investments of CN¥25.2B.
Key information
112.5%
Debt to equity ratio
CN¥42.71b
Debt
| Interest coverage ratio | -13.1x |
| Cash | CN¥25.21b |
| Equity | CN¥37.98b |
| Total liabilities | CN¥102.01b |
| Total assets | CN¥139.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWL's short term assets (CN¥131.6B) exceed its short term liabilities (CN¥69.9B).
Long Term Liabilities: SWL's short term assets (CN¥131.6B) exceed its long term liabilities (CN¥32.1B).
Debt to Equity History and Analysis
Debt Level: SWL's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: SWL's debt to equity ratio has reduced from 153.3% to 112.5% over the past 5 years.
Debt Coverage: SWL's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: SWL 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
China Overseas Grand Oceans Group Limited is covered by 36 analysts. 6 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 |
|---|---|
| Yunting Luo | Barclays |
| Andrew Lawrence | Barclays |
| Summer Wang | BofA Global Research |