Longyan Zhuoyue New Energy Balance Sheet Health
Financial Health criteria checks 3/6
Longyan Zhuoyue New Energy has a total shareholder equity of CN¥2.7B and total debt of CN¥556.7M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥3.5B and CN¥752.6M respectively.
Key information
20.4%
Debt to equity ratio
CN¥556.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥836.59m |
| Equity | CN¥2.73b |
| Total liabilities | CN¥752.62m |
| Total assets | CN¥3.49b |
Recent financial health updates
Recent updates
It's Down 28% But Longyan Zhuoyue New Energy Co., Ltd. (SHSE:688196) Could Be Riskier Than It Looks
Dec 29
Longyan Zhuoyue New Energy's (SHSE:688196) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04Market Might Still Lack Some Conviction On Longyan Zhuoyue New Energy Co., Ltd. (SHSE:688196) Even After 32% Share Price Boost
Oct 18Is Longyan Zhuoyue New Energy (SHSE:688196) Using Debt Sensibly?
Oct 08Longyan Zhuoyue New Energy Co., Ltd.'s (SHSE:688196) Shares Not Telling The Full Story
Aug 30Investors Can Find Comfort In Longyan Zhuoyue New Energy's (SHSE:688196) Earnings Quality
Apr 29Calculating The Intrinsic Value Of Longyan Zhuoyue New Energy Co., Ltd. (SHSE:688196)
Apr 18Some Investors May Be Worried About Longyan Zhuoyue New Energy's (SHSE:688196) Returns On Capital
Mar 28Financial Position Analysis
Short Term Liabilities: 688196's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥299.9M).
Long Term Liabilities: 688196's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥452.7M).
Debt to Equity History and Analysis
Debt Level: 688196 has more cash than its total debt.
Reducing Debt: 688196's debt to equity ratio has increased from 2.1% to 20.4% over the past 5 years.
Debt Coverage: 688196's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688196's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 11:06 |
| End of Day Share Price | 2024/12/31 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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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
Longyan Zhuoyue New Energy Co., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Zhe Wang | Citic Securities Co., Ltd. |
| Lin Yang | Guosen Securities Co., Ltd. |