Hangzhou Zhongya Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Zhongya Machinery has a total shareholder equity of CN¥1.6B and total debt of CN¥297.4M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.0B respectively.
Key information
18.4%
Debt to equity ratio
CN¥297.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥321.09m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
Why Hangzhou Zhongya Machinery's (SZSE:300512) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 08
There Are Reasons To Feel Uneasy About Hangzhou Zhongya Machinery's (SZSE:300512) Returns On Capital
Aug 28There May Be Some Bright Spots In Hangzhou Zhongya Machinery's (SZSE:300512) Earnings
May 06Hangzhou Zhongya Machinery Co., Ltd.'s (SZSE:300512) Shares Climb 37% But Its Business Is Yet to Catch Up
Mar 06Capital Allocation Trends At Hangzhou Zhongya Machinery (SZSE:300512) Aren't Ideal
Feb 27Financial Position Analysis
Short Term Liabilities: 300512's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥932.3M).
Long Term Liabilities: 300512's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥68.9M).
Debt to Equity History and Analysis
Debt Level: 300512 has more cash than its total debt.
Reducing Debt: 300512's debt to equity ratio has increased from 0% to 18.4% over the past 5 years.
Debt Coverage: 300512's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if 300512'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 | 2024/12/25 02:17 |
| End of Day Share Price | 2024/12/25 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
Hangzhou Zhongya Machinery Co., Ltd. is covered by 2 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 |
|---|---|
| Yang Liu | Everbright Securities Co. Ltd. |
| Lingfei Kong | Huatai Research |