Zhejiang Wandekai Fluid Equipment Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Wandekai Fluid Equipment Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥50.6M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥1.7B and CN¥187.7M respectively. Zhejiang Wandekai Fluid Equipment Technology's EBIT is CN¥141.3M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥163.1M.
Key information
3.3%
Debt to equity ratio
CN¥50.62m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥163.14m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥187.69m |
| Total assets | CN¥1.72b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Zhejiang Wandekai Fluid Equipment Technology (SZSE:301309) Aren't Ideal
Aug 14
Zhejiang Wandekai Fluid Equipment Technology's (SZSE:301309) Dividend Is Being Reduced To CN¥0.30
Jun 07We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Wandekai Fluid Equipment Technology's (SZSE:301309) Earnings
May 03Financial Position Analysis
Short Term Liabilities: 301309's short term assets (CN¥716.6M) exceed its short term liabilities (CN¥165.4M).
Long Term Liabilities: 301309's short term assets (CN¥716.6M) exceed its long term liabilities (CN¥22.3M).
Debt to Equity History and Analysis
Debt Level: 301309 has more cash than its total debt.
Reducing Debt: 301309's debt to equity ratio has reduced from 23.3% to 3.3% over the past 5 years.
Debt Coverage: 301309's debt is well covered by operating cash flow (108.1%).
Interest Coverage: 301309 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 | 2024/12/24 12:15 |
| End of Day Share Price | 2024/12/24 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 Wandekai Fluid Equipment 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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