ChangZhou KAIDI Electrical Balance Sheet Health
Financial Health criteria checks 6/6
ChangZhou KAIDI Electrical has a total shareholder equity of CN¥2.2B and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥2.8B and CN¥570.2M respectively. ChangZhou KAIDI Electrical's EBIT is CN¥63.0M making its interest coverage ratio -2. It has cash and short-term investments of CN¥1.1B.
Key information
0.2%
Debt to equity ratio
CN¥5.00m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥1.07b |
| Equity | CN¥2.21b |
| Total liabilities | CN¥570.17m |
| Total assets | CN¥2.78b |
Recent financial health updates
No updates
Recent updates
Shareholders Will Be Pleased With The Quality of ChangZhou KAIDI Electrical's (SHSE:605288) Earnings
May 06
Here's What's Concerning About ChangZhou KAIDI Electrical's (SHSE:605288) Returns On Capital
Apr 16Improved Earnings Required Before ChangZhou KAIDI Electrical Inc. (SHSE:605288) Stock's 26% Jump Looks Justified
Mar 08Financial Position Analysis
Short Term Liabilities: 605288's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥512.6M).
Long Term Liabilities: 605288's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥57.6M).
Debt to Equity History and Analysis
Debt Level: 605288 has more cash than its total debt.
Reducing Debt: 605288's debt to equity ratio has reduced from 14.6% to 0.2% over the past 5 years.
Debt Coverage: 605288's debt is well covered by operating cash flow (3581.1%).
Interest Coverage: 605288 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:50 |
| End of Day Share Price | 2024/12/25 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
ChangZhou KAIDI Electrical Inc. 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 |
|---|---|
| Weichao She | Haitong International Research Limited |
| Zhangxiang Fan | Tianfeng Securities Brokerage Co., Ltd |
| Sheng Feng | Zhongtai Securities Co. Ltd. |