Zhejiang Taifu Pump Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Taifu Pump has a total shareholder equity of CN¥790.6M and total debt of CN¥424.6M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are CN¥1.6B and CN¥831.9M respectively. Zhejiang Taifu Pump's EBIT is CN¥41.3M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥349.0M.
Key information
53.7%
Debt to equity ratio
CN¥424.58m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥348.97m |
| Equity | CN¥790.63m |
| Total liabilities | CN¥831.92m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Zhejiang Taifu Pump Co., Ltd's (SZSE:300992) 27% Share Price Surge Not Quite Adding Up
Nov 05
There Are Reasons To Feel Uneasy About Zhejiang Taifu Pump's (SZSE:300992) Returns On Capital
Oct 07Impressive Earnings May Not Tell The Whole Story For Zhejiang Taifu Pump (SZSE:300992)
Sep 10Pinning Down Zhejiang Taifu Pump Co., Ltd's (SZSE:300992) P/E Is Difficult Right Now
Aug 01Zhejiang Taifu Pump (SZSE:300992) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Financial Position Analysis
Short Term Liabilities: 300992's short term assets (CN¥950.2M) exceed its short term liabilities (CN¥488.2M).
Long Term Liabilities: 300992's short term assets (CN¥950.2M) exceed its long term liabilities (CN¥343.7M).
Debt to Equity History and Analysis
Debt Level: 300992's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 300992's debt to equity ratio has increased from 0% to 53.7% over the past 5 years.
Debt Coverage: 300992's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 300992's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:52 |
| 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
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Analyst Sources
Zhejiang Taifu Pump Co., Ltd is covered by 0 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 |
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