Zhejiang Chint Electrics Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Chint Electrics has a total shareholder equity of CN¥50.1B and total debt of CN¥23.3B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are CN¥134.9B and CN¥84.9B respectively. Zhejiang Chint Electrics's EBIT is CN¥7.8B making its interest coverage ratio -301. It has cash and short-term investments of CN¥11.3B.
Key information
46.5%
Debt to equity ratio
CN¥23.29b
Debt
| Interest coverage ratio | -301x |
| Cash | CN¥11.28b |
| Equity | CN¥50.09b |
| Total liabilities | CN¥84.85b |
| Total assets | CN¥134.94b |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Dec 21
Does Zhejiang Chint Electrics (SHSE:601877) Have A Healthy Balance Sheet?
Sep 16These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Mar 29Recent updates
Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Price Is Right But Growth Is Lacking
Jan 21The Returns On Capital At Zhejiang Chint Electrics (SHSE:601877) Don't Inspire Confidence
Jan 06These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Dec 21Is Zhejiang Chint Electrics Co., Ltd. (SHSE:601877) Potentially Undervalued?
Dec 05Zhejiang Chint Electrics Co., Ltd. (SHSE:601877) Held Back By Insufficient Growth Even After Shares Climb 30%
Sep 30Does Zhejiang Chint Electrics (SHSE:601877) Have A Healthy Balance Sheet?
Sep 16What Does Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Share Price Indicate?
Aug 29Lacklustre Performance Is Driving Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Low P/E
Aug 13Returns On Capital Signal Tricky Times Ahead For Zhejiang Chint Electrics (SHSE:601877)
Jul 12Is Zhejiang Chint Electrics Co., Ltd. (SHSE:601877) Potentially Undervalued?
May 21Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Subdued P/E Might Signal An Opportunity
May 01These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Mar 29Financial Position Analysis
Short Term Liabilities: 601877's short term assets (CN¥79.3B) exceed its short term liabilities (CN¥52.8B).
Long Term Liabilities: 601877's short term assets (CN¥79.3B) exceed its long term liabilities (CN¥32.0B).
Debt to Equity History and Analysis
Debt Level: 601877's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: 601877's debt to equity ratio has reduced from 50.4% to 46.5% over the past 5 years.
Debt Coverage: 601877's debt is well covered by operating cash flow (43%).
Interest Coverage: 601877 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 04:50 |
| End of Day Share Price | 2025/02/06 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.
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 Github.
Analyst Sources
Zhejiang Chint Electrics Co., Ltd. is covered by 24 analysts. 7 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Siti Bte Salikin | CFRA Equity Research |
| Wei He | China International Capital Corporation Limited |