Zhejiang VIE Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang VIE Science & Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥528.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥6.0B and CN¥3.0B respectively. Zhejiang VIE Science & Technology's EBIT is CN¥215.7M making its interest coverage ratio 21.9. It has cash and short-term investments of CN¥1.1B.
Key information
17.5%
Debt to equity ratio
CN¥528.55m
Debt
| Interest coverage ratio | 21.9x |
| Cash | CN¥1.08b |
| Equity | CN¥3.02b |
| Total liabilities | CN¥2.98b |
| Total assets | CN¥6.00b |
Recent financial health updates
We Think Zhejiang VIE Science & Technology (SZSE:002590) Can Stay On Top Of Its Debt
Dec 19
We Think Zhejiang VIE Science & Technology (SZSE:002590) Can Stay On Top Of Its Debt
May 23Recent updates
Zhejiang VIE Science & Technology (SZSE:002590) Is Doing The Right Things To Multiply Its Share Price
Mar 25It's A Story Of Risk Vs Reward With Zhejiang VIE Science & Technology Co., Ltd. (SZSE:002590)
Jan 03We Think Zhejiang VIE Science & Technology (SZSE:002590) Can Stay On Top Of Its Debt
Dec 19Zhejiang VIE Science & Technology (SZSE:002590) Might Have The Makings Of A Multi-Bagger
Nov 09Market Might Still Lack Some Conviction On Zhejiang VIE Science & Technology Co., Ltd. (SZSE:002590) Even After 29% Share Price Boost
Sep 28With EPS Growth And More, Zhejiang VIE Science & Technology (SZSE:002590) Makes An Interesting Case
Jul 31Returns On Capital Are Showing Encouraging Signs At Zhejiang VIE Science & Technology (SZSE:002590)
Jun 26We Think Zhejiang VIE Science & Technology (SZSE:002590) Can Stay On Top Of Its Debt
May 23Zhejiang VIE Science & Technology (SZSE:002590) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25Zhejiang VIE Science & Technology Co., Ltd. (SZSE:002590) Soars 32% But It's A Story Of Risk Vs Reward
Apr 24Here's Why We Think Zhejiang VIE Science & Technology (SZSE:002590) Is Well Worth Watching
Mar 22Zhejiang VIE Science & Technology Co., Ltd.'s (SZSE:002590) Shares Climb 29% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002590's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002590's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥280.5M).
Debt to Equity History and Analysis
Debt Level: 002590 has more cash than its total debt.
Reducing Debt: 002590's debt to equity ratio has increased from 16.7% to 17.5% over the past 5 years.
Debt Coverage: 002590's debt is well covered by operating cash flow (59.8%).
Interest Coverage: 002590's interest payments on its debt are well covered by EBIT (21.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/01 11:42 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Zhejiang VIE Science & Technology Co., Ltd. is covered by 4 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 |
|---|---|
| Chun Xu | Changjiang Securities Co. LTD. |
| Xi Li Huang | Changjiang Securities Co. LTD. |
| Te Yu | Everbright Securities Co. Ltd. |