China Golden Classic Group Balance Sheet Health
Financial Health criteria checks 5/6
China Golden Classic Group has a total shareholder equity of CN¥253.2M and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥304.5M and CN¥51.3M respectively.
Key information
2.0%
Debt to equity ratio
CN¥5.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥58.03m |
| Equity | CN¥253.23m |
| Total liabilities | CN¥51.27m |
| Total assets | CN¥304.50m |
Recent financial health updates
Here's Why China Golden Classic Group (HKG:8281) Can Manage Its Debt Responsibly
May 05
We Think China Golden Classic Group (HKG:8281) Can Stay On Top Of Its Debt
May 07These 4 Measures Indicate That China Golden Classic Group (HKG:8281) Is Using Debt Reasonably Well
Sep 07China Golden Classic Group (HKG:8281) Has A Rock Solid Balance Sheet
Apr 01Recent updates
China Golden Classic Group Limited's (HKG:8281) Popularity With Investors Under Threat As Stock Sinks 36%
Sep 19Calculating The Fair Value Of China Golden Classic Group Limited (HKG:8281)
Jan 19China Golden Classic Group (HKG:8281) Is Reinvesting At Lower Rates Of Return
Sep 19If EPS Growth Is Important To You, China Golden Classic Group (HKG:8281) Presents An Opportunity
Jun 01Here's Why China Golden Classic Group (HKG:8281) Can Manage Its Debt Responsibly
May 05We Like These Underlying Return On Capital Trends At China Golden Classic Group (HKG:8281)
Feb 21China Golden Classic Group's (HKG:8281) Returns On Capital Are Heading Higher
Jun 12We Think China Golden Classic Group (HKG:8281) Can Stay On Top Of Its Debt
May 07Does China Golden Classic Group (HKG:8281) Deserve A Spot On Your Watchlist?
Mar 26China Golden Classic Group (HKG:8281) Could Be Struggling To Allocate Capital
Feb 25Calculating The Intrinsic Value Of China Golden Classic Group Limited (HKG:8281)
Jan 10I Ran A Stock Scan For Earnings Growth And China Golden Classic Group (HKG:8281) Passed With Ease
Dec 06Be Wary Of China Golden Classic Group (HKG:8281) And Its Returns On Capital
Nov 11These 4 Measures Indicate That China Golden Classic Group (HKG:8281) Is Using Debt Reasonably Well
Sep 07China Golden Classic Group (HKG:8281) Will Be Hoping To Turn Its Returns On Capital Around
Aug 03With EPS Growth And More, China Golden Classic Group (HKG:8281) Is Interesting
May 31China Golden Classic Group (HKG:8281) May Have Issues Allocating Its Capital
May 05China Golden Classic Group (HKG:8281) Has A Rock Solid Balance Sheet
Apr 01Will China Golden Classic Group (HKG:8281) Multiply In Value Going Forward?
Jan 21
What We Learned About China Golden Classic Group's (HKG:8281) CEO Pay
Dec 17Is Now The Time To Put China Golden Classic Group (HKG:8281) On Your Watchlist?
Nov 26Financial Position Analysis
Short Term Liabilities: 8281's short term assets (CN¥142.2M) exceed its short term liabilities (CN¥51.3M).
Long Term Liabilities: 8281 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8281 has more cash than its total debt.
Reducing Debt: 8281's debt to equity ratio has reduced from 29% to 2% over the past 5 years.
Debt Coverage: 8281's debt is well covered by operating cash flow (897.9%).
Interest Coverage: Insufficient data to determine if 8281's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 06:39 |
| End of Day Share Price | 2025/01/28 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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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
China Golden Classic Group Limited 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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