Zhejiang Feida Environmental Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Feida Environmental Science & Technology has a total shareholder equity of CN¥4.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥10.6B and CN¥6.1B respectively. Zhejiang Feida Environmental Science & Technology's EBIT is CN¥383.9M making its interest coverage ratio 30.3. It has cash and short-term investments of CN¥2.0B.
Key information
35.4%
Debt to equity ratio
CN¥1.60b
Debt
| Interest coverage ratio | 30.3x |
| Cash | CN¥1.98b |
| Equity | CN¥4.52b |
| Total liabilities | CN¥6.08b |
| Total assets | CN¥10.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600526's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600526's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600526 has more cash than its total debt.
Reducing Debt: 600526's debt to equity ratio has reduced from 96.4% to 35.4% over the past 5 years.
Debt Coverage: 600526's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 600526's interest payments on its debt are well covered by EBIT (30.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 07:29 |
| 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
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Analyst Sources
Zhejiang Feida Environmental Science & Technology Co., Ltd. is covered by 3 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 |
|---|---|
| Andy Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Zhen Jia Yu | Ping An Securities Co. Ltd. |
| Lei Zhang | TX Investment Consulting Co., Ltd. |