Zhejiang Langdi Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Langdi Group has a total shareholder equity of CN¥1.3B and total debt of CN¥345.7M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥2.4B and CN¥1.1B respectively. Zhejiang Langdi Group's EBIT is CN¥153.2M making its interest coverage ratio 17.8. It has cash and short-term investments of CN¥191.6M.
Key information
27.6%
Debt to equity ratio
CN¥345.75m
Debt
| Interest coverage ratio | 17.8x |
| Cash | CN¥191.60m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥2.39b |
Recent financial health updates
No updates
Recent updates
Zhejiang Langdi Group Co., Ltd.'s (SHSE:603726) Business And Shares Still Trailing The Market
Oct 21
Zhejiang Langdi Group (SHSE:603726) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 04There Are Reasons To Feel Uneasy About Zhejiang Langdi Group's (SHSE:603726) Returns On Capital
Aug 02Zhejiang Langdi Group Co., Ltd. (SHSE:603726) Held Back By Insufficient Growth Even After Shares Climb 41%
Mar 08Financial Position Analysis
Short Term Liabilities: 603726's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥995.0M).
Long Term Liabilities: 603726's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥141.1M).
Debt to Equity History and Analysis
Debt Level: 603726's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 603726's debt to equity ratio has increased from 27.3% to 27.6% over the past 5 years.
Debt Coverage: 603726's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 603726's interest payments on its debt are well covered by EBIT (17.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:06 |
| End of Day Share Price | 2024/12/24 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
Zhejiang Langdi Group Co., Ltd. is covered by 0 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 |
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