ZHEJIANG NARADA POWER SOURCE Balance Sheet Health
Financial Health criteria checks 2/6
ZHEJIANG NARADA POWER SOURCE has a total shareholder equity of CN¥5.3B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 184.2%. Its total assets and total liabilities are CN¥19.8B and CN¥14.5B respectively.
Key information
184.2%
Debt to equity ratio
CN¥9.76b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.33b |
| Equity | CN¥5.30b |
| Total liabilities | CN¥14.52b |
| Total assets | CN¥19.82b |
Recent financial health updates
Recent updates
Investors Give ZHEJIANG NARADA POWER SOURCE Co. , Ltd. (SZSE:300068) Shares A 30% Hiding
Nov 22
Further Upside For ZHEJIANG NARADA POWER SOURCE Co. , Ltd. (SZSE:300068) Shares Could Introduce Price Risks After 45% Bounce
Oct 03ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Shares Not Telling The Full Story
Aug 19ZHEJIANG NARADA POWER SOURCE's (SZSE:300068) Strong Earnings Are Of Good Quality
Apr 30Market Cool On ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Revenues Pushing Shares 26% Lower
Apr 16Is ZHEJIANG NARADA POWER SOURCE (SZSE:300068) Using Too Much Debt?
Mar 22ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Subdued P/S Might Signal An Opportunity
Mar 01Financial Position Analysis
Short Term Liabilities: 300068's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: 300068's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 300068's net debt to equity ratio (140.3%) is considered high.
Reducing Debt: 300068's debt to equity ratio has increased from 69.8% to 184.2% over the past 5 years.
Debt Coverage: 300068's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: Insufficient data to determine if 300068's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:38 |
| End of Day Share Price | 2024/12/30 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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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 NARADA POWER SOURCE Co. , Ltd. is covered by 16 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Tao Zeng | China International Capital Corporation Limited |