Zhejiang Wanfeng Auto Wheel Co., Ltd.

SZSE:002085 Stock Report

Market Cap: CN¥45.2b

Zhejiang Wanfeng Auto Wheel Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang Wanfeng Auto Wheel has a total shareholder equity of CN¥9.6B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are CN¥17.9B and CN¥8.3B respectively. Zhejiang Wanfeng Auto Wheel's EBIT is CN¥1.5B making its interest coverage ratio 8. It has cash and short-term investments of CN¥1.9B.

Key information

46.0%

Debt to equity ratio

CN¥4.44b

Debt

Interest coverage ratio8x
CashCN¥1.85b
EquityCN¥9.63b
Total liabilitiesCN¥8.29b
Total assetsCN¥17.93b

Recent financial health updates

These 4 Measures Indicate That Zhejiang Wanfeng Auto Wheel (SZSE:002085) Is Using Debt Reasonably Well

Aug 09
These 4 Measures Indicate That Zhejiang Wanfeng Auto Wheel (SZSE:002085) Is Using Debt Reasonably Well

We Think Zhejiang Wanfeng Auto Wheel (SZSE:002085) Can Stay On Top Of Its Debt

Feb 27
We Think Zhejiang Wanfeng Auto Wheel (SZSE:002085) Can Stay On Top Of Its Debt

Recent updates

Returns On Capital At Zhejiang Wanfeng Auto Wheel (SZSE:002085) Have Hit The Brakes

Dec 26
Returns On Capital At Zhejiang Wanfeng Auto Wheel (SZSE:002085) Have Hit The Brakes

Estimating The Intrinsic Value Of Zhejiang Wanfeng Auto Wheel Co., Ltd. (SZSE:002085)

Dec 11
Estimating The Intrinsic Value Of Zhejiang Wanfeng Auto Wheel Co., Ltd. (SZSE:002085)

Subdued Growth No Barrier To Zhejiang Wanfeng Auto Wheel Co., Ltd.'s (SZSE:002085) Price

Sep 30
Subdued Growth No Barrier To Zhejiang Wanfeng Auto Wheel Co., Ltd.'s (SZSE:002085) Price

Here's What To Make Of Zhejiang Wanfeng Auto Wheel's (SZSE:002085) Decelerating Rates Of Return

Sep 11
Here's What To Make Of Zhejiang Wanfeng Auto Wheel's (SZSE:002085) Decelerating Rates Of Return

These 4 Measures Indicate That Zhejiang Wanfeng Auto Wheel (SZSE:002085) Is Using Debt Reasonably Well

Aug 09
These 4 Measures Indicate That Zhejiang Wanfeng Auto Wheel (SZSE:002085) Is Using Debt Reasonably Well

Zhejiang Wanfeng Auto Wheel (SZSE:002085) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

May 29
Zhejiang Wanfeng Auto Wheel (SZSE:002085) Has Announced That It Will Be Increasing Its Dividend To CN¥0.15

Zhejiang Wanfeng Auto Wheel Co., Ltd.'s (SZSE:002085) 27% Share Price Surge Not Quite Adding Up

May 22
Zhejiang Wanfeng Auto Wheel Co., Ltd.'s (SZSE:002085) 27% Share Price Surge Not Quite Adding Up

Returns At Zhejiang Wanfeng Auto Wheel (SZSE:002085) Are On The Way Up

May 21
Returns At Zhejiang Wanfeng Auto Wheel (SZSE:002085) Are On The Way Up

Here's Why Zhejiang Wanfeng Auto Wheel (SZSE:002085) Has Caught The Eye Of Investors

Mar 29
Here's Why Zhejiang Wanfeng Auto Wheel (SZSE:002085) Has Caught The Eye Of Investors

Zhejiang Wanfeng Auto Wheel Co., Ltd. (SZSE:002085) Shares Fly 35% But Investors Aren't Buying For Growth

Feb 29
Zhejiang Wanfeng Auto Wheel Co., Ltd. (SZSE:002085) Shares Fly 35% But Investors Aren't Buying For Growth

We Think Zhejiang Wanfeng Auto Wheel (SZSE:002085) Can Stay On Top Of Its Debt

Feb 27
We Think Zhejiang Wanfeng Auto Wheel (SZSE:002085) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: 002085's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥6.1B).

Long Term Liabilities: 002085's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥2.2B).

Debt to Equity History and Analysis

Debt Level: 002085's net debt to equity ratio (26.8%) is considered satisfactory.

Reducing Debt: 002085's debt to equity ratio has reduced from 70.2% to 46% over the past 5 years.

Debt Coverage: 002085's debt is well covered by operating cash flow (28.1%).

Interest Coverage: 002085's interest payments on its debt are well covered by EBIT (8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 17:28
End of Day Share Price 2024/12/27 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 Wanfeng Auto Wheel Co., Ltd. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ying HouAJ Securities Co., Ltd
Chun XuChangjiang Securities Co. LTD.
Wei FengChina International Capital Corporation Limited