Zhejiang Meishuo Electric TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Meishuo Electric TechnologyLtd has a total shareholder equity of CN¥957.4M and total debt of CN¥746.7K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥1.2B and CN¥211.9M respectively. Zhejiang Meishuo Electric TechnologyLtd's EBIT is CN¥16.3M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥564.5M.
Key information
0.08%
Debt to equity ratio
CN¥746.67k
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥564.49m |
| Equity | CN¥957.41m |
| Total liabilities | CN¥211.93m |
| Total assets | CN¥1.17b |
Recent financial health updates
No updates
Recent updates
Zhejiang Meishuo Electric TechnologyLtd's (SZSE:301295) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Optimistic Investors Push Zhejiang Meishuo Electric Technology Co.,Ltd (SZSE:301295) Shares Up 29% But Growth Is Lacking
Nov 01Zhejiang Meishuo Electric TechnologyLtd (SZSE:301295) Will Be Hoping To Turn Its Returns On Capital Around
Jul 29Estimating The Intrinsic Value Of Zhejiang Meishuo Electric Technology Co.,Ltd (SZSE:301295)
May 30Financial Position Analysis
Short Term Liabilities: 301295's short term assets (CN¥945.5M) exceed its short term liabilities (CN¥195.1M).
Long Term Liabilities: 301295's short term assets (CN¥945.5M) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 301295 has more cash than its total debt.
Reducing Debt: 301295's debt to equity ratio has reduced from 26.9% to 0.08% over the past 5 years.
Debt Coverage: 301295's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301295 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 11:10 |
| 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
Zhejiang Meishuo Electric Technology 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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