Zhejiang FORE Intelligent Technology Co.,Ltd

SZSE:301368 Stock Report

Market Cap: CN¥7.5b

Zhejiang FORE Intelligent TechnologyLtd Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang FORE Intelligent TechnologyLtd has a total shareholder equity of CN¥979.9M and total debt of CN¥163.6M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥1.4B and CN¥449.9M respectively. Zhejiang FORE Intelligent TechnologyLtd's EBIT is CN¥10.6M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥183.4M.

Key information

16.69%

Debt to equity ratio

CN¥163.58m

Debt

Interest coverage ratio-3.6x
CashCN¥183.43m
EquityCN¥979.87m
Total liabilitiesCN¥449.87m
Total assetsCN¥1.43b

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) Weighed On By Its Debt Load?

Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?

Sep 26
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?

Recent updates

Subdued Growth No Barrier To Zhejiang FORE Intelligent Technology Co.,Ltd (SZSE:301368) With Shares Advancing 32%

Mar 20
Subdued Growth No Barrier To Zhejiang FORE Intelligent Technology Co.,Ltd (SZSE:301368) With Shares Advancing 32%

Zhejiang FORE Intelligent Technology Co.,Ltd's (SZSE:301368) 34% Share Price Surge Not Quite Adding Up

Feb 03
Zhejiang FORE Intelligent Technology Co.,Ltd's (SZSE:301368) 34% Share Price Surge Not Quite Adding Up

Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Weighed On By Its Debt Load?

Jan 01
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Weighed On By Its Debt Load?

Revenues Not Telling The Story For Zhejiang FORE Intelligent Technology Co.,Ltd (SZSE:301368) After Shares Rise 32%

Nov 11
Revenues Not Telling The Story For Zhejiang FORE Intelligent Technology Co.,Ltd (SZSE:301368) After Shares Rise 32%

There Might Be More To Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Story Than Just Weak Earnings

Nov 04
There Might Be More To Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Story Than Just Weak Earnings

Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?

Sep 26
Is Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) A Risky Investment?

Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Returns On Capital Not Reflecting Well On The Business

Aug 22
Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Returns On Capital Not Reflecting Well On The Business

Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Problems Go Beyond Weak Profit

Apr 29
Zhejiang FORE Intelligent TechnologyLtd's (SZSE:301368) Problems Go Beyond Weak Profit

Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Will Be Hoping To Turn Its Returns On Capital Around

Mar 25
Zhejiang FORE Intelligent TechnologyLtd (SZSE:301368) Will Be Hoping To Turn Its Returns On Capital Around

Zhejiang FORE Intelligent Technology Co.,Ltd's (SZSE:301368) 45% Share Price Surge Not Quite Adding Up

Feb 27
Zhejiang FORE Intelligent Technology Co.,Ltd's (SZSE:301368) 45% Share Price Surge Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: 301368's short term assets (CN¥538.9M) exceed its short term liabilities (CN¥441.0M).

Long Term Liabilities: 301368's short term assets (CN¥538.9M) exceed its long term liabilities (CN¥8.8M).

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 30.2% to 16.7% over the past 5 years.

Debt Coverage: 301368's debt is well covered by operating cash flow (24.3%).

Interest Coverage: 301368 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

DataLast Updated (UTC time)
Company Analysis2025/05/27 00:38
End of Day Share Price 2025/05/27 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Zhejiang FORE Intelligent 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.

AnalystInstitution
Bin Yu WangTianfeng Securities Brokerage Co., Ltd