Zhongshan Broad-Ocean Motor Balance Sheet Health
Financial Health criteria checks 6/6
Zhongshan Broad-Ocean Motor has a total shareholder equity of CN¥9.2B and total debt of CN¥54.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥17.1B and CN¥7.9B respectively. Zhongshan Broad-Ocean Motor's EBIT is CN¥741.1M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥3.9B.
Key information
0.6%
Debt to equity ratio
CN¥54.02m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥3.88b |
| Equity | CN¥9.18b |
| Total liabilities | CN¥7.91b |
| Total assets | CN¥17.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002249's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002249's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002249 has more cash than its total debt.
Reducing Debt: 002249's debt to equity ratio has reduced from 24.8% to 0.6% over the past 5 years.
Debt Coverage: 002249's debt is well covered by operating cash flow (3578.9%).
Interest Coverage: 002249 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 13:50 |
| 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
Zhongshan Broad-Ocean Motor Co., Ltd. is covered by 18 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 |
|---|---|
| Ling Han | BOCI Research Ltd. |
| Lei Wang | China International Capital Corporation Limited |
| Ju Fang | China Minzu Securities |