Zhejiang Shuanghuan DrivelineLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Shuanghuan DrivelineLtd has a total shareholder equity of CN¥8.9B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are CN¥14.5B and CN¥5.6B respectively. Zhejiang Shuanghuan DrivelineLtd's EBIT is CN¥1.2B making its interest coverage ratio 32.4. It has cash and short-term investments of CN¥1.0B.
Key information
25.3%
Debt to equity ratio
CN¥2.25b
Debt
| Interest coverage ratio | 32.4x |
| Cash | CN¥1.05b |
| Equity | CN¥8.91b |
| Total liabilities | CN¥5.59b |
| Total assets | CN¥14.50b |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Using Debt Reasonably Well
Nov 13
These 4 Measures Indicate That Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Using Debt Reasonably Well
Jul 23Recent updates
Earnings Working Against Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Share Price
Jan 21Here's Why Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Has Caught The Eye Of Investors
Jan 07A Look At The Fair Value Of Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472)
Dec 12These 4 Measures Indicate That Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Using Debt Reasonably Well
Nov 13Investors Still Aren't Entirely Convinced By Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Earnings Despite 35% Price Jump
Oct 14Does Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Deserve A Spot On Your Watchlist?
Sep 30Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Earnings Are Not Doing Enough For Some Investors
Aug 28These 4 Measures Indicate That Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Using Debt Reasonably Well
Jul 23Returns Are Gaining Momentum At Zhejiang Shuanghuan DrivelineLtd (SZSE:002472)
Jun 17Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Will Pay A Larger Dividend Than Last Year At CN¥0.12
May 31Little Excitement Around Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Earnings
May 22Is Now The Time To Put Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) On Your Watchlist?
Apr 30Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Intrinsic Value Is Potentially 44% Above Its Share Price
Mar 19Returns On Capital Are Showing Encouraging Signs At Zhejiang Shuanghuan DrivelineLtd (SZSE:002472)
Feb 29Financial Position Analysis
Short Term Liabilities: 002472's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 002472's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002472's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 002472's debt to equity ratio has reduced from 85.7% to 25.3% over the past 5 years.
Debt Coverage: 002472's debt is well covered by operating cash flow (62.3%).
Interest Coverage: 002472's interest payments on its debt are well covered by EBIT (32.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 09:45 |
| End of Day Share Price | 2025/01/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Shuanghuan Driveline Co.,Ltd. is covered by 26 analysts. 22 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. |
| Fiona Liang | BofA Global Research |
| Yu Jie Lo | BofA Global Research |