Zhe Jiang Headman MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhe Jiang Headman MachineryLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥138.1M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥1.6B and CN¥623.6M respectively. Zhe Jiang Headman MachineryLtd's EBIT is CN¥15.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥177.6M.
Key information
13.7%
Debt to equity ratio
CN¥138.07m
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥177.62m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥623.61m |
| Total assets | CN¥1.63b |
Recent financial health updates
Recent updates
Is Zhe Jiang Headman MachineryLtd (SHSE:688577) A Risky Investment?
Dec 10
Optimistic Investors Push Zhe Jiang Headman Machinery Co.,Ltd. (SHSE:688577) Shares Up 26% But Growth Is Lacking
Dec 10Zhe Jiang Headman MachineryLtd's (SHSE:688577) Shareholders Have More To Worry About Than Lackluster Earnings
Nov 07Zhe Jiang Headman Machinery Co.,Ltd.'s (SHSE:688577) 29% Share Price Surge Not Quite Adding Up
Oct 01Investors Could Be Concerned With Zhe Jiang Headman MachineryLtd's (SHSE:688577) Returns On Capital
Aug 01Some Confidence Is Lacking In Zhe Jiang Headman Machinery Co.,Ltd. (SHSE:688577) As Shares Slide 26%
Jul 05We Think You Can Look Beyond Zhe Jiang Headman MachineryLtd's (SHSE:688577) Lackluster Earnings
May 09Zhe Jiang Headman MachineryLtd (SHSE:688577) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15Zhe Jiang Headman Machinery Co.,Ltd.'s (SHSE:688577) 31% Price Boost Is Out Of Tune With Revenues
Mar 04Financial Position Analysis
Short Term Liabilities: 688577's short term assets (CN¥876.3M) exceed its short term liabilities (CN¥524.3M).
Long Term Liabilities: 688577's short term assets (CN¥876.3M) exceed its long term liabilities (CN¥99.3M).
Debt to Equity History and Analysis
Debt Level: 688577 has more cash than its total debt.
Reducing Debt: 688577's debt to equity ratio has reduced from 19.8% to 13.7% over the past 5 years.
Debt Coverage: 688577's debt is well covered by operating cash flow (85.7%).
Interest Coverage: 688577's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 03:48 |
| End of Day Share Price | 2025/01/10 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
Zhe Jiang Headman Machinery 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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