Zhejiang XinchaiLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang XinchaiLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively. Zhejiang XinchaiLtd's EBIT is CN¥66.2M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥495.3M.
Key information
5.3%
Debt to equity ratio
CN¥60.05m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥495.29m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.64b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Zhejiang XinchaiLtd (SZSE:301032)
Dec 23
Zhejiang Xinchai Co.,Ltd's (SZSE:301032) Shareholders Might Be Looking For Exit
Sep 30Returns On Capital Signal Tricky Times Ahead For Zhejiang XinchaiLtd (SZSE:301032)
Aug 01Earnings Not Telling The Story For Zhejiang Xinchai Co.,Ltd (SZSE:301032)
Jun 07There May Be Underlying Issues With The Quality Of Zhejiang XinchaiLtd's (SZSE:301032) Earnings
Apr 30Improved Revenues Required Before Zhejiang Xinchai Co.,Ltd (SZSE:301032) Stock's 31% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 301032's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 301032's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥70.8M).
Debt to Equity History and Analysis
Debt Level: 301032 has more cash than its total debt.
Reducing Debt: 301032's debt to equity ratio has reduced from 20.5% to 5.3% over the past 5 years.
Debt Coverage: 301032's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301032 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 | 2024/12/25 09:52 |
| 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 Xinchai 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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