Suzhou West Deane New Power ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou West Deane New Power ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥52.5M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥2.5B and CN¥865.6M respectively. Suzhou West Deane New Power ElectricLtd's EBIT is CN¥228.1M making its interest coverage ratio -23.9. It has cash and short-term investments of CN¥889.8M.
Key information
3.2%
Debt to equity ratio
CN¥52.51m
Debt
| Interest coverage ratio | -23.9x |
| Cash | CN¥889.76m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥865.62m |
| Total assets | CN¥2.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603312's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥861.6M).
Long Term Liabilities: 603312's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 603312 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603312's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603312's debt is well covered by operating cash flow (431.1%).
Interest Coverage: 603312 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 | 2024/12/27 19:34 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Suzhou West Deane New Power Electric Co.,Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Yingdong Wang | China International Capital Corporation Limited |