Zhejiang Busen Garments Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Busen Garments has a total shareholder equity of CN¥79.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥237.5M and CN¥158.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥11.14m |
| Equity | CN¥79.08m |
| Total liabilities | CN¥158.41m |
| Total assets | CN¥237.50m |
Recent financial health updates
Recent updates
Zhejiang Busen Garments (SZSE:002569) Is In A Good Position To Deliver On Growth Plans
Dec 31
Revenues 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¥148.1M) exceed its short term liabilities (CN¥127.0M).
Long Term Liabilities: 002569's short term assets (CN¥148.1M) exceed its long term liabilities (CN¥31.4M).
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: 002569 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002569 has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 09:15 |
| End of Day Share Price | 2025/01/07 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 |
| |
| 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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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 .
Analyst Sources
Zhejiang Busen Garments 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 |
|---|---|
| Yu Lei | Changjiang Securities Co. LTD. |
| Jie Li | Everbright Securities Co. Ltd. |
| Xu Wang | TX Investment Consulting Co., Ltd. |