Zhejiang Southeast Space Frame Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Southeastce Frame has a total shareholder equity of CN¥6.6B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are CN¥20.2B and CN¥13.6B respectively. Zhejiang Southeastce Frame's EBIT is CN¥363.4M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥1.9B.
Key information
90.2%
Debt to equity ratio
CN¥5.92b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥1.95b |
| Equity | CN¥6.56b |
| Total liabilities | CN¥13.64b |
| Total assets | CN¥20.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002135's short term assets (CN¥17.1B) exceed its short term liabilities (CN¥11.4B).
Long Term Liabilities: 002135's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 002135's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: 002135's debt to equity ratio has increased from 35% to 90.2% over the past 5 years.
Debt Coverage: 002135's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002135's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 12:49 |
| 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
Zhejiang Southeast Space Frame Co., Ltd. is covered by 4 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.
| Analyst | Institution |
|---|---|
| Huidong Wu | Everbright Securities Co. Ltd. |
| Huan Zhou | Huatai United Securities Co., Ltd. |
| Yating Zhou | Ping An Securities Co. Ltd. |