Hangzhou Wensli Silk Culture Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Wensli Silk Culture has a total shareholder equity of CN¥675.1M and total debt of CN¥73.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.0B and CN¥331.0M respectively. Hangzhou Wensli Silk Culture's EBIT is CN¥30.0M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥212.7M.
Key information
10.8%
Debt to equity ratio
CN¥73.03m
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥212.70m |
| Equity | CN¥675.14m |
| Total liabilities | CN¥330.96m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Recent updates
Hangzhou Wensli Silk Culture Co., Ltd. (SZSE:301066) Stock Rockets 65% As Investors Are Less Pessimistic Than Expected
Dec 15
Hangzhou Wensli Silk Culture (SZSE:301066) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 08Optimistic Investors Push Hangzhou Wensli Silk Culture Co., Ltd. (SZSE:301066) Shares Up 28% But Growth Is Lacking
Oct 24Hangzhou Wensli Silk Culture's (SZSE:301066) Performance Is Even Better Than Its Earnings Suggest
May 02Be Wary Of Hangzhou Wensli Silk Culture (SZSE:301066) And Its Returns On Capital
Apr 27Unpleasant Surprises Could Be In Store For Hangzhou Wensli Silk Culture Co., Ltd.'s (SZSE:301066) Shares
Feb 26Financial Position Analysis
Short Term Liabilities: 301066's short term assets (CN¥496.0M) exceed its short term liabilities (CN¥241.3M).
Long Term Liabilities: 301066's short term assets (CN¥496.0M) exceed its long term liabilities (CN¥89.6M).
Debt to Equity History and Analysis
Debt Level: 301066 has more cash than its total debt.
Reducing Debt: 301066's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: 301066's debt is well covered by operating cash flow (92.5%).
Interest Coverage: 301066 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 23:37 |
| End of Day Share Price | 2025/01/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hangzhou Wensli Silk Culture Co., Ltd. is covered by 0 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 |
|---|