ShenZhen Woer Heat-Shrinkable MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
ShenZhen Woer Heat-Shrinkable MaterialLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are CN¥9.8B and CN¥3.9B respectively. ShenZhen Woer Heat-Shrinkable MaterialLtd's EBIT is CN¥1.1B making its interest coverage ratio 61.6. It has cash and short-term investments of CN¥1.2B.
Key information
27.2%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | 61.6x |
| Cash | CN¥1.18b |
| Equity | CN¥5.91b |
| Total liabilities | CN¥3.89b |
| Total assets | CN¥9.81b |
Recent financial health updates
ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Has A Rock Solid Balance Sheet
Oct 13
ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Seems To Use Debt Rather Sparingly
Jun 26Recent updates
ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (SZSE:002130) Surges 30% Yet Its Low P/E Is No Reason For Excitement
Dec 16Returns Are Gaining Momentum At ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130)
Dec 12Here's Why We Think ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Is Well Worth Watching
Nov 18ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Has A Rock Solid Balance Sheet
Oct 13Not Many Are Piling Into ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (SZSE:002130) Stock Yet As It Plummets 28%
Sep 16When Should You Buy ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (SZSE:002130)?
Aug 11Returns At ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Are On The Way Up
Jul 26ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Seems To Use Debt Rather Sparingly
Jun 26We Ran A Stock Scan For Earnings Growth And ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Passed With Ease
Jun 10ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Is Increasing Its Dividend To CN¥0.17
May 24Even With A 68% Surge, Cautious Investors Are Not Rewarding ShenZhen Woer Heat-Shrinkable Material Co.,Ltd.'s (SZSE:002130) Performance Completely
Apr 19Is There Now An Opportunity In ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (SZSE:002130)?
Apr 05ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (SZSE:002130) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 04Returns On Capital Are Showing Encouraging Signs At ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130)
Feb 27Financial Position Analysis
Short Term Liabilities: 002130's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002130's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002130's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 002130's debt to equity ratio has reduced from 74.6% to 27.2% over the past 5 years.
Debt Coverage: 002130's debt is well covered by operating cash flow (49%).
Interest Coverage: 002130's interest payments on its debt are well covered by EBIT (61.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:05 |
| End of Day Share Price | 2024/12/27 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
ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Wenping Liu | China Merchants Securities Co. Ltd. |
| Jiancong Yuan | Citic Securities Co., Ltd. |
| Weichen Wu | Citic Securities Co., Ltd. |