Zhejiang Reclaim Construction Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Reclaim Construction Group has a total shareholder equity of CN¥3.0B and total debt of CN¥995.7M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥7.3B and CN¥4.2B respectively.
Key information
32.8%
Debt to equity ratio
CN¥995.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.09b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥7.28b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Zhejiang Reclaim Construction Group Co., Ltd. (SZSE:002586) With Shares Advancing 25%
Dec 16
Zhejiang Reclaim Construction Group Co., Ltd.'s (SZSE:002586) Popularity With Investors Is Under Threat From Overpricing
Oct 30Zhejiang Reclaim Construction Group Co., Ltd.'s (SZSE:002586) Popularity With Investors Under Threat As Stock Sinks 32%
Apr 25Financial Position Analysis
Short Term Liabilities: 002586's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002586's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥338.9M).
Debt to Equity History and Analysis
Debt Level: 002586 has more cash than its total debt.
Reducing Debt: 002586's debt to equity ratio has reduced from 48.6% to 32.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002586 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002586 has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 13.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 07:26 |
| End of Day Share Price | 2025/01/03 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 Reclaim Construction Group Co., Ltd. is covered by 11 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 |
|---|---|
| Henghui Shi | Changjiang Securities Co. LTD. |
| Wayne He | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Tao Yang | Citic Securities Co., Ltd. |