Zhejiang Busen Garments Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Busen Garments has a total shareholder equity of CN¥29.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥179.4M and CN¥150.5M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.05m |
| Equity | CN¥28.96m |
| Total liabilities | CN¥150.46m |
| Total assets | CN¥179.42m |
Recent financial health updates
Recent updates
Some Zhejiang Busen Garments Co., Ltd. (SZSE:002569) Shareholders Look For Exit As Shares Take 26% Pounding
Mar 31
Zhejiang Busen Garments (SZSE:002569) Is In A Good Position To Deliver On Growth Plans
Dec 31Revenues Not Telling The Story For Zhejiang Busen Garments Co., Ltd. (SZSE:002569) After Shares Rise 29%
Nov 04Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) Popularity With Investors Is Under Threat From Overpricing
Sep 06Revenues Not Telling The Story For Zhejiang Busen Garments Co., Ltd. (SZSE:002569) After Shares Rise 41%
May 21Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) 28% Price Boost Is Out Of Tune With Revenues
Mar 09Financial Position Analysis
Short Term Liabilities: 002569's short term assets (CN¥93.4M) do not cover its short term liabilities (CN¥132.7M).
Long Term Liabilities: 002569's short term assets (CN¥93.4M) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 002569 is debt free.
Reducing Debt: 002569 had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002569 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002569 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 20:45 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Zhejiang Busen Garments Co., Ltd. is covered by 2 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 |
|---|---|
| Yu Lei | Changjiang Securities Co. LTD. |
| Jie Li | Everbright Securities Co. Ltd. |