Zhejiang Longsheng GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Longsheng GroupLtd has a total shareholder equity of CN¥37.1B and total debt of CN¥26.9B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are CN¥74.0B and CN¥36.9B respectively. Zhejiang Longsheng GroupLtd's EBIT is CN¥1.9B making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥19.1B.
Key information
72.7%
Debt to equity ratio
CN¥26.94b
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥19.10b |
| Equity | CN¥37.07b |
| Total liabilities | CN¥36.91b |
| Total assets | CN¥73.99b |
Recent financial health updates
Is Zhejiang Longsheng GroupLtd (SHSE:600352) A Risky Investment?
Nov 26
Does Zhejiang Longsheng GroupLtd (SHSE:600352) Have A Healthy Balance Sheet?
Jul 22Recent updates
Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Right But Growth Is Lacking
Dec 18Is Zhejiang Longsheng GroupLtd (SHSE:600352) A Risky Investment?
Nov 26Zhejiang Longsheng GroupLtd's (SHSE:600352) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 01Does Zhejiang Longsheng GroupLtd (SHSE:600352) Have A Healthy Balance Sheet?
Jul 22There Is A Reason Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Undemanding
Jun 21There May Be Reason For Hope In Zhejiang Longsheng GroupLtd's (SHSE:600352) Disappointing Earnings
Apr 26Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Earnings Are Not Doing Enough For Some Investors
Mar 05Financial Position Analysis
Short Term Liabilities: 600352's short term assets (CN¥54.3B) exceed its short term liabilities (CN¥26.8B).
Long Term Liabilities: 600352's short term assets (CN¥54.3B) exceed its long term liabilities (CN¥10.2B).
Debt to Equity History and Analysis
Debt Level: 600352's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 600352's debt to equity ratio has increased from 67.7% to 72.7% over the past 5 years.
Debt Coverage: 600352's debt is not well covered by operating cash flow (12%).
Interest Coverage: 600352 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 | 2025/01/01 19:26 |
| 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 |
| |
| 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
Zhejiang Longsheng Group Co.,Ltd is covered by 30 analysts. 3 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 |
|---|---|
| Yuan Yuan Yu | BOCI Research Ltd. |
| Tai Ma | Changjiang Securities Co. LTD. |
| Xiang Zhang | Changjiang Securities Co. LTD. |