Zhejiang Tianzhen Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Tianzhen Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥50.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥228.1M respectively.
Key information
0.002%
Debt to equity ratio
CN¥50.02k
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.68b |
| Equity | CN¥2.95b |
| Total liabilities | CN¥228.08m |
| Total assets | CN¥3.17b |
Recent financial health updates
Recent updates
We're Not Very Worried About Zhejiang Tianzhen Technology's (SZSE:301356) Cash Burn Rate
Dec 17
Investors Appear Satisfied With Zhejiang Tianzhen Technology Co., Ltd.'s (SZSE:301356) Prospects As Shares Rocket 26%
Nov 11Market Participants Recognise Zhejiang Tianzhen Technology Co., Ltd.'s (SZSE:301356) Revenues Pushing Shares 35% Higher
Mar 19Financial Position Analysis
Short Term Liabilities: 301356's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥213.5M).
Long Term Liabilities: 301356's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥14.5M).
Debt to Equity History and Analysis
Debt Level: 301356 has more cash than its total debt.
Reducing Debt: 301356's debt to equity ratio has reduced from 26.1% to 0% over the past 5 years.
Debt Coverage: 301356's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301356's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:40 |
| End of Day Share Price | 2024/12/18 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Tianzhen Technology Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Junjun Zhu | Haitong International Research Limited |