Zhejiang XCC Group Co.,Ltd

SHSE:603667 Stock Report

Market Cap: CN¥10.2b

Zhejiang XCC GroupLtd Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang XCC GroupLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are CN¥5.1B and CN¥2.1B respectively. Zhejiang XCC GroupLtd's EBIT is CN¥120.2M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥670.9M.

Key information

35.7%

Debt to equity ratio

CN¥1.08b

Debt

Interest coverage ratio5.6x
CashCN¥670.87m
EquityCN¥3.01b
Total liabilitiesCN¥2.09b
Total assetsCN¥5.10b

Recent financial health updates

Zhejiang XCC GroupLtd (SHSE:603667) Seems To Use Debt Quite Sensibly

Dec 22
Zhejiang XCC GroupLtd (SHSE:603667) Seems To Use Debt Quite Sensibly

Zhejiang XCC GroupLtd (SHSE:603667) Has A Somewhat Strained Balance Sheet

Aug 08
Zhejiang XCC GroupLtd (SHSE:603667) Has A Somewhat Strained Balance Sheet

Zhejiang XCC GroupLtd (SHSE:603667) Takes On Some Risk With Its Use Of Debt

Feb 28
Zhejiang XCC GroupLtd (SHSE:603667) Takes On Some Risk With Its Use Of Debt

Recent updates

Zhejiang XCC GroupLtd (SHSE:603667) Seems To Use Debt Quite Sensibly

Dec 22
Zhejiang XCC GroupLtd (SHSE:603667) Seems To Use Debt Quite Sensibly

What Zhejiang XCC Group Co.,Ltd's (SHSE:603667) 29% Share Price Gain Is Not Telling You

Dec 03
What Zhejiang XCC Group Co.,Ltd's (SHSE:603667) 29% Share Price Gain Is Not Telling You

Zhejiang XCC GroupLtd's (SHSE:603667) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 04
Zhejiang XCC GroupLtd's (SHSE:603667) Shareholders Have More To Worry About Than Only Soft Earnings

Zhejiang XCC Group Co.,Ltd's (SHSE:603667) P/E Is Still On The Mark Following 32% Share Price Bounce

Oct 18
Zhejiang XCC Group Co.,Ltd's (SHSE:603667) P/E Is Still On The Mark Following 32% Share Price Bounce

Be Wary Of Zhejiang XCC GroupLtd (SHSE:603667) And Its Returns On Capital

Sep 26
Be Wary Of Zhejiang XCC GroupLtd (SHSE:603667) And Its Returns On Capital

Zhejiang XCC GroupLtd (SHSE:603667) Has A Somewhat Strained Balance Sheet

Aug 08
Zhejiang XCC GroupLtd (SHSE:603667) Has A Somewhat Strained Balance Sheet

What You Can Learn From Zhejiang XCC Group Co.,Ltd's (SHSE:603667) P/E After Its 26% Share Price Crash

Jul 18
What You Can Learn From Zhejiang XCC Group Co.,Ltd's (SHSE:603667) P/E After Its 26% Share Price Crash

Zhejiang XCC Group Co.,Ltd's (SHSE:603667) Intrinsic Value Is Potentially 21% Below Its Share Price

May 22
Zhejiang XCC Group Co.,Ltd's (SHSE:603667) Intrinsic Value Is Potentially 21% Below Its Share Price

Some Investors May Be Willing To Look Past Zhejiang XCC GroupLtd's (SHSE:603667) Soft Earnings

May 03
Some Investors May Be Willing To Look Past Zhejiang XCC GroupLtd's (SHSE:603667) Soft Earnings

Investors Appear Satisfied With Zhejiang XCC Group Co.,Ltd's (SHSE:603667) Prospects As Shares Rocket 53%

Mar 17
Investors Appear Satisfied With Zhejiang XCC Group Co.,Ltd's (SHSE:603667) Prospects As Shares Rocket 53%

Zhejiang XCC GroupLtd (SHSE:603667) Takes On Some Risk With Its Use Of Debt

Feb 28
Zhejiang XCC GroupLtd (SHSE:603667) Takes On Some Risk With Its Use Of Debt

Financial Position Analysis

Short Term Liabilities: 603667's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 603667's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥206.2M).

Debt to Equity History and Analysis

Debt Level: 603667's net debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: 603667's debt to equity ratio has increased from 30.5% to 35.7% over the past 5 years.

Debt Coverage: 603667's debt is well covered by operating cash flow (22.9%).

Interest Coverage: 603667's interest payments on its debt are well covered by EBIT (5.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 11:39
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 XCC Group Co.,Ltd is covered by 4 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.

AnalystInstitution
Jingtao LiCitic Securities Co., Ltd.
Ming Xuan ShiIndustrial Securities Co. Ltd.
Lujing LiTianfeng Securities Brokerage Co., Ltd