Zhejiang Wanma Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Wanma has a total shareholder equity of CN¥5.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CN¥15.2B and CN¥9.5B respectively. Zhejiang Wanma's EBIT is CN¥382.1M making its interest coverage ratio 31.4. It has cash and short-term investments of CN¥2.5B.
Key information
20.5%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 31.4x |
| Cash | CN¥2.45b |
| Equity | CN¥5.67b |
| Total liabilities | CN¥9.54b |
| Total assets | CN¥15.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002276's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 002276's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥993.3M).
Debt to Equity History and Analysis
Debt Level: 002276 has more cash than its total debt.
Reducing Debt: 002276's debt to equity ratio has reduced from 32.3% to 20.5% over the past 5 years.
Debt Coverage: 002276's debt is well covered by operating cash flow (103%).
Interest Coverage: 002276's interest payments on its debt are well covered by EBIT (31.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:47 |
| End of Day Share Price | 2024/12/27 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 |
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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 Wanma Co., Ltd. is covered by 10 analysts. 4 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 |
|---|---|
| null null | China International Capital Corporation Limited |
| Long Chen | China International Capital Corporation Limited |
| Yingdong Wang | China International Capital Corporation Limited |