Anhui Zhongding Sealing Parts Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Zhongding Sealing Parts has a total shareholder equity of CN¥12.9B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CN¥24.0B and CN¥11.2B respectively. Anhui Zhongding Sealing Parts's EBIT is CN¥1.7B making its interest coverage ratio 15.2. It has cash and short-term investments of CN¥2.9B.
Key information
44.9%
Debt to equity ratio
CN¥5.78b
Debt
| Interest coverage ratio | 15.2x |
| Cash | CN¥2.89b |
| Equity | CN¥12.87b |
| Total liabilities | CN¥11.16b |
| Total assets | CN¥24.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000887's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 000887's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 000887's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: 000887's debt to equity ratio has reduced from 63.3% to 44.9% over the past 5 years.
Debt Coverage: 000887's debt is well covered by operating cash flow (35.1%).
Interest Coverage: 000887's interest payments on its debt are well covered by EBIT (15.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:46 |
| End of Day Share Price | 2024/12/24 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
Anhui Zhongding Sealing Parts Co., Ltd. is covered by 20 analysts. 5 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 |
|---|---|
| Min Xu | Central China Securities Co., Ltd. |
| Jian Jun Zou | Chasing Securities |
| Fu Yang | Chasing Securities |