Zhejiang Dayuan Pumps Industry Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Dayuan Pumps Industry has a total shareholder equity of CN¥1.6B and total debt of CN¥415.6M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.2B respectively. Zhejiang Dayuan Pumps Industry's EBIT is CN¥208.3M making its interest coverage ratio -84.5. It has cash and short-term investments of CN¥829.3M.
Key information
26.1%
Debt to equity ratio
CN¥415.55m
Debt
| Interest coverage ratio | -84.5x |
| Cash | CN¥829.28m |
| Equity | CN¥1.59b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥2.75b |
Recent financial health updates
No updates
Recent updates
Why Zhejiang Dayuan Pumps Industry's (SHSE:603757) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
Investors Could Be Concerned With Zhejiang Dayuan Pumps Industry's (SHSE:603757) Returns On Capital
Sep 29We Think That There Are More Issues For Zhejiang Dayuan Pumps Industry (SHSE:603757) Than Just Sluggish Earnings
May 06Financial Position Analysis
Short Term Liabilities: 603757's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥700.8M).
Long Term Liabilities: 603757's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥452.3M).
Debt to Equity History and Analysis
Debt Level: 603757 has more cash than its total debt.
Reducing Debt: 603757's debt to equity ratio has increased from 0% to 26.1% over the past 5 years.
Debt Coverage: 603757's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 603757 earns more interest than it pays, so coverage of interest payments is not a concern.