Zhejiang Wanliyang Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Wanliyang has a total shareholder equity of CN¥5.8B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are CN¥10.8B and CN¥5.0B respectively. Zhejiang Wanliyang's EBIT is CN¥291.4M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥742.9M.
Key information
39.6%
Debt to equity ratio
CN¥2.31b
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥742.87m |
| Equity | CN¥5.82b |
| Total liabilities | CN¥5.00b |
| Total assets | CN¥10.82b |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Wanliyang (SZSE:002434) Is Using Debt Extensively
Dec 03
Is Zhejiang Wanliyang (SZSE:002434) Using Too Much Debt?
Jun 09Recent updates
These 4 Measures Indicate That Zhejiang Wanliyang (SZSE:002434) Is Using Debt Extensively
Dec 03Zhejiang Wanliyang Co., Ltd.'s (SZSE:002434) Price Is Right But Growth Is Lacking
Oct 10Zhejiang Wanliyang (SZSE:002434) May Have Issues Allocating Its Capital
Sep 24Here's What's Concerning About Zhejiang Wanliyang's (SZSE:002434) Returns On Capital
Jun 26Is Zhejiang Wanliyang (SZSE:002434) Using Too Much Debt?
Jun 09Zhejiang Wanliyang Co., Ltd. (SZSE:002434) Shares Could Be 29% Above Their Intrinsic Value Estimate
May 24Zhejiang Wanliyang's (SZSE:002434) Shareholders Have More To Worry About Than Only Soft Earnings
May 06Zhejiang Wanliyang Co., Ltd.'s (SZSE:002434) Revenues Are Not Doing Enough For Some Investors
Apr 16Zhejiang Wanliyang (SZSE:002434) Has Some Difficulty Using Its Capital Effectively
Mar 01Financial Position Analysis
Short Term Liabilities: 002434's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 002434's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002434's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 002434's debt to equity ratio has increased from 19.1% to 39.6% over the past 5 years.
Debt Coverage: 002434's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 002434's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:55 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Zhejiang Wanliyang Co., Ltd. is covered by 14 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 |
|---|---|
| Peng Zhu | BOCI Research Ltd. |
| Yong Peng | BOCI Research Ltd. |
| Jun Liu | Changjiang Securities Co. LTD. |