Zhongyan Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhongyan Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥51.2M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥1.8B and CN¥560.0M respectively. Zhongyan Technology's EBIT is CN¥29.1M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥468.6M.
Key information
4.3%
Debt to equity ratio
CN¥51.16m
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥468.64m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥559.96m |
| Total assets | CN¥1.76b |
Recent financial health updates
Recent updates
Zhongyan Technology Co., Ltd.'s (SZSE:003001) 30% Jump Shows Its Popularity With Investors
Dec 11
Here's Why Zhongyan Technology (SZSE:003001) Can Manage Its Debt Responsibly
Dec 02Zhongyan Technology's (SZSE:003001) Profits Appear To Have Quality Issues
Nov 07Pinning Down Zhongyan Technology Co., Ltd.'s (SZSE:003001) P/S Is Difficult Right Now
Sep 28What Zhongyan Technology Co., Ltd.'s (SZSE:003001) 28% Share Price Gain Is Not Telling You
Jun 25Be Wary Of Zhongyan Technology (SZSE:003001) And Its Returns On Capital
Jun 07Zhongyan Technology's (SZSE:003001) Promising Earnings May Rest On Soft Foundations
Apr 25Zhongyan Technology Co., Ltd.'s (SZSE:003001) Shareholders Might Be Looking For Exit
Mar 06Financial Position Analysis
Short Term Liabilities: 003001's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥552.7M).
Long Term Liabilities: 003001's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥7.2M).
Debt to Equity History and Analysis
Debt Level: 003001 has more cash than its total debt.
Reducing Debt: 003001's debt to equity ratio has increased from 1.7% to 4.3% over the past 5 years.
Debt Coverage: 003001's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 003001 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:51 |
| 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 |
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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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhongyan Technology Co., Ltd. is covered by 1 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 |
|---|---|
| He Ren | Guosen Securities Co., Ltd. |