Zhejiang Tony Electronic Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Tony Electronic has a total shareholder equity of CN¥1.7B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are CN¥5.4B and CN¥3.7B respectively.
Key information
116.9%
Debt to equity ratio
CN¥1.98b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥128.13m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥3.73b |
| Total assets | CN¥5.42b |
Recent financial health updates
Does Zhejiang Tony Electronic (SHSE:603595) Have A Healthy Balance Sheet?
Sep 29
Would Zhejiang Tony Electronic (SHSE:603595) Be Better Off With Less Debt?
Jun 18Recent updates
Revenues Not Telling The Story For Zhejiang Tony Electronic Co., Ltd (SHSE:603595) After Shares Rise 36%
Oct 09Does Zhejiang Tony Electronic (SHSE:603595) Have A Healthy Balance Sheet?
Sep 29Would Zhejiang Tony Electronic (SHSE:603595) Be Better Off With Less Debt?
Jun 18Zhejiang Tony Electronic Co., Ltd's (SHSE:603595) Shares Climb 28% But Its Business Is Yet to Catch Up
May 23Zhejiang Tony Electronic Co., Ltd's (SHSE:603595) Share Price Matching Investor Opinion
Mar 02Financial Position Analysis
Short Term Liabilities: 603595's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603595's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥760.9M).
Debt to Equity History and Analysis
Debt Level: 603595's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: 603595's debt to equity ratio has increased from 87% to 116.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 603595 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603595 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 01:59 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Tony Electronic Co., Ltd is covered by 3 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 |
|---|---|
| Jin Ju Sun | Guotai Junan Securities |
| Lingfei Kong | Huatai Research |
| Daisy Dai | Morgan Stanley |