Zhejiang Cfmoto PowerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Cfmoto PowerLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥10.7B and CN¥5.3B respectively. Zhejiang Cfmoto PowerLtd's EBIT is CN¥1.0B making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥4.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6.9x |
Cash | CN¥4.59b |
Equity | CN¥5.45b |
Total liabilities | CN¥5.27b |
Total assets | CN¥10.71b |
Recent financial health updates
No updates
Recent updates
Zhejiang Cfmoto PowerLtd's (SHSE:603129) Promising Earnings May Rest On Soft Foundations
Apr 22An Intrinsic Calculation For Zhejiang Cfmoto Power Co.,Ltd (SHSE:603129) Suggests It's 49% Undervalued
Apr 07Zhejiang Cfmoto Power Co.,Ltd (SHSE:603129) Held Back By Insufficient Growth Even After Shares Climb 32%
Mar 05Financial Position Analysis
Short Term Liabilities: 603129's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 603129's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥308.5M).
Debt to Equity History and Analysis
Debt Level: 603129 is debt free.
Reducing Debt: 603129 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: 603129 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603129 has no debt, therefore coverage of interest payments is not a concern.