Ningbo Fangzheng Automobile MouldLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Fangzheng Automobile MouldLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥459.5M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively.
Key information
31.8%
Debt to equity ratio
CN¥459.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥715.21m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥2.50b |
Recent financial health updates
No updates
Recent updates
Ningbo Fangzheng Automobile Mould Co.,Ltd. (SZSE:300998) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Sep 30
Ningbo Fangzheng Automobile Mould Co.,Ltd.'s (SZSE:300998) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 05Ningbo Fangzheng Automobile MouldLtd (SZSE:300998) Is Due To Pay A Dividend Of CN¥0.10
Jun 16Ningbo Fangzheng Automobile Mould Co.,Ltd.'s (SZSE:300998) Shares Climb 26% But Its Business Is Yet to Catch Up
May 21Returns On Capital At Ningbo Fangzheng Automobile MouldLtd (SZSE:300998) Paint A Concerning Picture
Apr 17Subdued Growth No Barrier To Ningbo Fangzheng Automobile Mould Co.,Ltd. (SZSE:300998) With Shares Advancing 33%
Mar 06Financial Position Analysis
Short Term Liabilities: 300998's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥916.8M).
Long Term Liabilities: 300998's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥140.3M).
Debt to Equity History and Analysis
Debt Level: 300998 has more cash than its total debt.
Reducing Debt: 300998's debt to equity ratio has reduced from 36.1% to 31.8% over the past 5 years.
Debt Coverage: 300998's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300998'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 | 2024/12/26 12:31 |
| End of Day Share Price | 2024/12/26 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
Ningbo Fangzheng Automobile Mould 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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