Xiamen Voke Mold & Plastic Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Voke Mold & Plastic Engineering has a total shareholder equity of CN¥3.1B and total debt of CN¥54.2M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥3.8B and CN¥628.3M respectively. Xiamen Voke Mold & Plastic Engineering's EBIT is CN¥172.5M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥742.7M.
Key information
1.7%
Debt to equity ratio
CN¥54.16m
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥742.71m |
| Equity | CN¥3.12b |
| Total liabilities | CN¥628.30m |
| Total assets | CN¥3.75b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Xiamen Voke Mold & Plastic Engineering's (SZSE:301196) Performance
Nov 04
Xiamen Voke Mold & Plastic Engineering's (SZSE:301196) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 23Xiamen Voke Mold & Plastic Engineering's (SZSE:301196) Earnings Offer More Than Meets The Eye
Apr 29Be Wary Of Xiamen Voke Mold & Plastic Engineering (SZSE:301196) And Its Returns On Capital
Apr 17Financial Position Analysis
Short Term Liabilities: 301196's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥486.6M).
Long Term Liabilities: 301196's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥141.7M).
Debt to Equity History and Analysis
Debt Level: 301196 has more cash than its total debt.
Reducing Debt: 301196's debt to equity ratio has reduced from 2.7% to 1.7% over the past 5 years.
Debt Coverage: 301196's debt is well covered by operating cash flow (365.7%).
Interest Coverage: 301196 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 | 2024/12/27 03:47 |
| End of Day Share Price | 2024/12/27 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
Xiamen Voke Mold & Plastic Engineering 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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