ZHEJIANG DIBAY ELECTRICLtd Balance Sheet Health
Financial Health criteria checks 5/6
ZHEJIANG DIBAY ELECTRICLtd has a total shareholder equity of CN¥894.9M and total debt of CN¥215.5M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥1.4B and CN¥460.7M respectively. ZHEJIANG DIBAY ELECTRICLtd's EBIT is CN¥88.7M making its interest coverage ratio 19.7. It has cash and short-term investments of CN¥114.6M.
Key information
24.1%
Debt to equity ratio
CN¥215.45m
Debt
| Interest coverage ratio | 19.7x |
| Cash | CN¥114.59m |
| Equity | CN¥894.91m |
| Total liabilities | CN¥460.70m |
| Total assets | CN¥1.36b |
Recent financial health updates
No updates
Recent updates
Returns At ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Are On The Way Up
Oct 01
Additional Considerations Required While Assessing ZHEJIANG DIBAY ELECTRICLtd's (SHSE:603320) Strong Earnings
Aug 30ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Is Increasing Its Dividend To CN¥0.10
May 24ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Will Want To Turn Around Its Return Trends
Apr 16Optimistic Investors Push ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (SHSE:603320) Shares Up 29% But Growth Is Lacking
Mar 07Financial Position Analysis
Short Term Liabilities: 603320's short term assets (CN¥747.6M) exceed its short term liabilities (CN¥228.9M).
Long Term Liabilities: 603320's short term assets (CN¥747.6M) exceed its long term liabilities (CN¥231.8M).
Debt to Equity History and Analysis
Debt Level: 603320's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 603320's debt to equity ratio has increased from 0.2% to 24.1% over the past 5 years.
Debt Coverage: 603320's debt is well covered by operating cash flow (43.7%).
Interest Coverage: 603320's interest payments on its debt are well covered by EBIT (19.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 14:57 |
| End of Day Share Price | 2025/01/03 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
ZHEJIANG DIBAY ELECTRIC CO.,Ltd. is covered by 1 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 |
|---|---|
| Chen Su | Industrial Securities Co. Ltd. |