Zhejiang Qianjiang Motorcycle Co., Ltd.

SZSE:000913 Stock Report

Market Cap: CN¥9.5b

Zhejiang Qianjiang Motorcycle Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang Qianjiang Motorcycle has a total shareholder equity of CN¥4.6B and total debt of CN¥386.7M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥10.3B and CN¥5.7B respectively. Zhejiang Qianjiang Motorcycle's EBIT is CN¥433.4M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥6.1B.

Key information

8.5%

Debt to equity ratio

CN¥386.72m

Debt

Interest coverage ratio-2.7x
CashCN¥6.05b
EquityCN¥4.56b
Total liabilitiesCN¥5.69b
Total assetsCN¥10.25b

Recent financial health updates

Is Zhejiang Qianjiang Motorcycle (SZSE:000913) A Risky Investment?

Oct 03
Is Zhejiang Qianjiang Motorcycle (SZSE:000913) A Risky Investment?

Is Zhejiang Qianjiang Motorcycle (SZSE:000913) Using Too Much Debt?

Jun 09
Is Zhejiang Qianjiang Motorcycle (SZSE:000913) Using Too Much Debt?

Recent updates

Does Zhejiang Qianjiang Motorcycle (SZSE:000913) Deserve A Spot On Your Watchlist?

Nov 26
Does Zhejiang Qianjiang Motorcycle (SZSE:000913) Deserve A Spot On Your Watchlist?

Is Zhejiang Qianjiang Motorcycle (SZSE:000913) A Risky Investment?

Oct 03
Is Zhejiang Qianjiang Motorcycle (SZSE:000913) A Risky Investment?

Is Now The Time To Look At Buying Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913)?

Aug 28
Is Now The Time To Look At Buying Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913)?

Benign Growth For Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Underpins Its Share Price

Aug 04
Benign Growth For Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Underpins Its Share Price

The Return Trends At Zhejiang Qianjiang Motorcycle (SZSE:000913) Look Promising

Jul 15
The Return Trends At Zhejiang Qianjiang Motorcycle (SZSE:000913) Look Promising

Is Zhejiang Qianjiang Motorcycle (SZSE:000913) Using Too Much Debt?

Jun 09
Is Zhejiang Qianjiang Motorcycle (SZSE:000913) Using Too Much Debt?

At CN¥21.10, Is Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Worth Looking At Closely?

May 22
At CN¥21.10, Is Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Worth Looking At Closely?

Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Stock Catapults 28% Though Its Price And Business Still Lag The Market

May 04
Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Shares Fly 28% But Investors Aren't Buying For Growth

Mar 04
Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Shares Fly 28% But Investors Aren't Buying For Growth

Financial Position Analysis

Short Term Liabilities: 000913's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥4.0B).

Long Term Liabilities: 000913's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥1.7B).

Debt to Equity History and Analysis

Debt Level: 000913 has more cash than its total debt.

Reducing Debt: 000913's debt to equity ratio has increased from 0.04% to 8.5% over the past 5 years.

Debt Coverage: 000913's debt is well covered by operating cash flow (318.2%).

Interest Coverage: 000913 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

DataLast Updated (UTC time)
Company Analysis2024/12/26 15:57
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Zhejiang Qianjiang Motorcycle Co., Ltd. is covered by 6 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.

AnalystInstitution
Jing ChangChina International Capital Corporation Limited
Zhong Ping ZhaoChina Merchants Securities Co. Ltd.
Jingtao LiCitic Securities Co., Ltd.