Wuxi Zhenhua Auto PartsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Zhenhua Auto PartsLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥780.5M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥4.6B and CN¥2.3B respectively. Wuxi Zhenhua Auto PartsLtd's EBIT is CN¥433.2M making its interest coverage ratio 17.4. It has cash and short-term investments of CN¥269.0M.
Key information
33.8%
Debt to equity ratio
CN¥780.47m
Debt
| Interest coverage ratio | 17.4x |
| Cash | CN¥269.00m |
| Equity | CN¥2.31b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥4.60b |
Recent financial health updates
Recent updates
Wuxi Zhenhua Auto PartsLtd (SHSE:605319) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 05
Should You Be Adding Wuxi Zhenhua Auto PartsLtd (SHSE:605319) To Your Watchlist Today?
Oct 15Here's Why Wuxi Zhenhua Auto PartsLtd (SHSE:605319) Can Manage Its Debt Responsibly
Sep 24We Think That There Are Issues Underlying Wuxi Zhenhua Auto PartsLtd's (SHSE:605319) Earnings
Apr 23Financial Position Analysis
Short Term Liabilities: 605319's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.2B).
Long Term Liabilities: 605319's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥92.3M).
Debt to Equity History and Analysis
Debt Level: 605319's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: 605319's debt to equity ratio has reduced from 48.2% to 33.8% over the past 5 years.
Debt Coverage: 605319's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 605319's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:02 |
| 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
Wuxi Zhenhua Auto Parts Co.,Ltd. is covered by 4 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 |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Min Ji | Citic Securities Co., Ltd. |
| Yujing Ni | Everbright Securities Co. Ltd. |