Zhejiang FORE Intelligent TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang FORE Intelligent TechnologyLtd has a total shareholder equity of CN¥975.7M and total debt of CN¥16.8M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥1.3B and CN¥280.3M respectively.
Key information
1.7%
Debt to equity ratio
CN¥16.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥145.91m |
| Equity | CN¥975.73m |
| Total liabilities | CN¥280.27m |
| Total assets | CN¥1.26b |
Recent financial health updates
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Weighed On By Its Debt Load?
Jan 01
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?
Sep 26Recent updates
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Weighed On By Its Debt Load?
Jan 01Revenues Not Telling The Story For Zhejiang FORE Intelligent Technology Co.,Ltd (SZSE:301368) After Shares Rise 32%
Nov 11There Might Be More To Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Story Than Just Weak Earnings
Nov 04Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?
Sep 26Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Returns On Capital Not Reflecting Well On The Business
Aug 22Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Problems Go Beyond Weak Profit
Apr 29Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Will Be Hoping To Turn Its Returns On Capital Around
Mar 25Zhejiang FORE Intelligent Technology Co.,Ltd's (SZSE:301368) 45% Share Price Surge Not Quite Adding Up
Feb 27Financial Position Analysis
Short Term Liabilities: 301368's short term assets (CN¥488.5M) exceed its short term liabilities (CN¥275.4M).
Long Term Liabilities: 301368's short term assets (CN¥488.5M) exceed its long term liabilities (CN¥4.9M).
Debt to Equity History and Analysis
Debt Level: 301368 has more cash than its total debt.
Reducing Debt: 301368's debt to equity ratio has reduced from 37% to 1.7% over the past 5 years.
Debt Coverage: 301368's debt is well covered by operating cash flow (258.8%).
Interest Coverage: Insufficient data to determine if 301368's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 02:52 |
| End of Day Share Price | 2025/01/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 FORE Intelligent 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 |
|---|