Zhejiang Natural Outdoor Goods Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Natural Outdoor Goods has a total shareholder equity of CN¥2.0B and total debt of CN¥91.4M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥2.4B and CN¥376.7M respectively. Zhejiang Natural Outdoor Goods's EBIT is CN¥176.4M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥1.1B.
Key information
4.5%
Debt to equity ratio
CN¥91.40m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥1.06b |
| Equity | CN¥2.02b |
| Total liabilities | CN¥376.71m |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Is Zhejiang Natural Outdoor Goods Inc. (SHSE:605080) Trading At A 29% Discount?
Oct 29
Be Wary Of Zhejiang Natural Outdoor Goods (SHSE:605080) And Its Returns On Capital
Sep 29Some May Be Optimistic About Zhejiang Natural Outdoor Goods' (SHSE:605080) Earnings
May 06Are Investors Undervaluing Zhejiang Natural Outdoor Goods Inc. (SHSE:605080) By 38%?
Mar 12Financial Position Analysis
Short Term Liabilities: 605080's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥359.1M).
Long Term Liabilities: 605080's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥17.6M).
Debt to Equity History and Analysis
Debt Level: 605080 has more cash than its total debt.
Reducing Debt: 605080's debt to equity ratio has reduced from 11% to 4.5% over the past 5 years.
Debt Coverage: 605080's debt is well covered by operating cash flow (245.6%).
Interest Coverage: 605080 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 | 2024/12/25 05:26 |
| End of Day Share Price | 2024/12/25 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 Natural Outdoor Goods Inc. 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 |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |