Zhejiang Founder Motor Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Founder Motor has a total shareholder equity of CN¥1.5B and total debt of CN¥871.8M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are CN¥4.0B and CN¥2.6B respectively.
Key information
59.9%
Debt to equity ratio
CN¥871.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥381.49m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥2.56b |
| Total assets | CN¥4.02b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Zhejiang Founder Motor Co., Ltd. (SZSE:002196) Shares Find Their Feet
Dec 24
Zhejiang Founder Motor Co., Ltd.'s (SZSE:002196) Shares Bounce 28% But Its Business Still Trails The Industry
Aug 01Zhejiang Founder Motor's (SZSE:002196) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 05Zhejiang Founder Motor's (SZSE:002196) Strong Earnings Are Of Good Quality
May 06Zhejiang Founder Motor Co., Ltd. (SZSE:002196) Stock Rockets 30% But Many Are Still Ignoring The Company
Mar 09Financial Position Analysis
Short Term Liabilities: 002196's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002196's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥558.2M).
Debt to Equity History and Analysis
Debt Level: 002196's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 002196's debt to equity ratio has increased from 11.6% to 59.9% over the past 5 years.
Debt Coverage: 002196's debt is well covered by operating cash flow (21.7%).
Interest Coverage: Insufficient data to determine if 002196'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 | 2024/12/25 20:04 |
| End of Day Share Price | 2024/12/25 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
Zhejiang Founder Motor Co., Ltd. is covered by 9 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 |
|---|---|
| Peng Zhu | BOCI Research Ltd. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Lei Wang | China International Capital Corporation Limited |