Zhejiang Mustang Battery Co.,Ltd

SHSE:605378 Stock Report

Market Cap: CN¥3.4b

Zhejiang Mustang BatteryLtd Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang Mustang BatteryLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥425.0M respectively. Zhejiang Mustang BatteryLtd's EBIT is CN¥141.4M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥651.4M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-9.3x
CashCN¥651.41m
EquityCN¥1.25b
Total liabilitiesCN¥424.97m
Total assetsCN¥1.68b

Recent financial health updates

No updates

Recent updates

Impressive Earnings May Not Tell The Whole Story For Zhejiang Mustang BatteryLtd (SHSE:605378)

Nov 04
Impressive Earnings May Not Tell The Whole Story For Zhejiang Mustang BatteryLtd (SHSE:605378)

Zhejiang Mustang BatteryLtd (SHSE:605378) May Have Issues Allocating Its Capital

Apr 03
Zhejiang Mustang BatteryLtd (SHSE:605378) May Have Issues Allocating Its Capital

Financial Position Analysis

Short Term Liabilities: 605378's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥381.9M).

Long Term Liabilities: 605378's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥43.1M).


Debt to Equity History and Analysis

Debt Level: 605378 is debt free.

Reducing Debt: 605378 had no debt 5 years ago.

Debt Coverage: 605378 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 605378 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Mustang Battery 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.

AnalystInstitution