Zotye Automobile Balance Sheet Health
Financial Health criteria checks 3/6
Zotye Automobile has a total shareholder equity of CN¥1.2B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 202.3%. Its total assets and total liabilities are CN¥5.5B and CN¥4.3B respectively.
Key information
202.3%
Debt to equity ratio
CN¥2.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥412.61m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥4.29b |
| Total assets | CN¥5.47b |
Recent financial health updates
Recent updates
What Zotye Automobile Co., Ltd's (SZSE:000980) 27% Share Price Gain Is Not Telling You
Dec 16
Zotye Automobile Co., Ltd (SZSE:000980) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Oct 02Zotye Automobile (SZSE:000980) Is Making Moderate Use Of Debt
Sep 25What Zotye Automobile Co., Ltd's (SZSE:000980) 29% Share Price Gain Is Not Telling You
Aug 04Financial Position Analysis
Short Term Liabilities: 000980's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000980's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000980's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: 000980's debt to equity ratio has increased from 32.6% to 202.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000980 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000980 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 03:30 |
| End of Day Share Price | 2025/01/06 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zotye Automobile 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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