Shandong Weida Machinery Co., Ltd.

SZSE:002026 Stock Report

Market Cap: CN¥4.1b

Shandong Weida Machinery Balance Sheet Health

Financial Health criteria checks 5/6

Shandong Weida Machinery has a total shareholder equity of CN¥3.6B and total debt of CN¥558.7M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥4.9B and CN¥1.3B respectively. Shandong Weida Machinery's EBIT is CN¥220.9M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.9B.

Key information

15.6%

Debt to equity ratio

CN¥558.67m

Debt

Interest coverage ratio-3.4x
CashCN¥1.89b
EquityCN¥3.59b
Total liabilitiesCN¥1.30b
Total assetsCN¥4.88b

Recent financial health updates

No updates

Recent updates

Is Shandong Weida Machinery Co., Ltd. (SZSE:002026) Potentially Undervalued?

Jan 04
Is Shandong Weida Machinery Co., Ltd. (SZSE:002026) Potentially Undervalued?

Investors Shouldn't Be Too Comfortable With Shandong Weida Machinery's (SZSE:002026) Earnings

Nov 04
Investors Shouldn't Be Too Comfortable With Shandong Weida Machinery's (SZSE:002026) Earnings

Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Business And Shares Still Trailing The Market

Oct 16
Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Business And Shares Still Trailing The Market

A Look At The Fair Value Of Shandong Weida Machinery Co., Ltd. (SZSE:002026)

Oct 01
A Look At The Fair Value Of Shandong Weida Machinery Co., Ltd. (SZSE:002026)

Shandong Weida Machinery (SZSE:002026) Is Increasing Its Dividend To CN¥0.12

Jun 16
Shandong Weida Machinery (SZSE:002026) Is Increasing Its Dividend To CN¥0.12

Shandong Weida Machinery Co., Ltd. (SZSE:002026) Held Back By Insufficient Growth Even After Shares Climb 26%

May 22
Shandong Weida Machinery Co., Ltd. (SZSE:002026) Held Back By Insufficient Growth Even After Shares Climb 26%

At CN¥8.06, Is It Time To Put Shandong Weida Machinery Co., Ltd. (SZSE:002026) On Your Watch List?

Apr 24
At CN¥8.06, Is It Time To Put Shandong Weida Machinery Co., Ltd. (SZSE:002026) On Your Watch List?

Shandong Weida Machinery's (SZSE:002026) Problems Go Beyond Weak Profit

Apr 01
Shandong Weida Machinery's (SZSE:002026) Problems Go Beyond Weak Profit

Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Shares Climb 28% But Its Business Is Yet to Catch Up

Mar 08
Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Shares Climb 28% But Its Business Is Yet to Catch Up

Capital Allocation Trends At Shandong Weida Machinery (SZSE:002026) Aren't Ideal

Feb 27
Capital Allocation Trends At Shandong Weida Machinery (SZSE:002026) Aren't Ideal

Financial Position Analysis

Short Term Liabilities: 002026's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 002026's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥64.4M).

Debt to Equity History and Analysis

Debt Level: 002026 has more cash than its total debt.

Reducing Debt: 002026's debt to equity ratio has increased from 0% to 15.6% over the past 5 years.

Debt Coverage: 002026's debt is well covered by operating cash flow (44.2%).

Interest Coverage: 002026 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

DataLast Updated (UTC time)
Company Analysis2025/01/08 22:45
End of Day Share Price 2025/01/08 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

Shandong Weida Machinery Co., Ltd. is covered by 6 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
Zhenhao ChenChina International Capital Corporation Limited
Min JiCitic Securities Co., Ltd.
Haishan WangEverbright Securities Co. Ltd.