Guizhou Zhongyida Balance Sheet Health
Financial Health criteria checks 5/6
Guizhou Zhongyida has a total shareholder equity of CN¥64.8M and total debt of CN¥100.4M, which brings its debt-to-equity ratio to 155%. Its total assets and total liabilities are CN¥1.0B and CN¥940.3M respectively. Guizhou Zhongyida's EBIT is CN¥4.4M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥96.7M.
Key information
155.0%
Debt to equity ratio
CN¥100.43m
Debt
| Interest coverage ratio | 0.1x |
| Cash | CN¥96.71m |
| Equity | CN¥64.78m |
| Total liabilities | CN¥940.33m |
| Total assets | CN¥1.01b |
Recent financial health updates
Recent updates
Guizhou Zhongyida (SHSE:600610) Has Some Difficulty Using Its Capital Effectively
Dec 03
What Guizhou Zhongyida Co., Ltd's (SHSE:600610) 27% Share Price Gain Is Not Telling You
Oct 01Guizhou Zhongyida Co., Ltd (SHSE:600610) Shares May Have Slumped 31% But Getting In Cheap Is Still Unlikely
Jun 06Guizhou Zhongyida Co., Ltd (SHSE:600610) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Mar 11Would Guizhou Zhongyida (SHSE:600610) Be Better Off With Less Debt?
Mar 01Financial Position Analysis
Short Term Liabilities: 600610's short term assets (CN¥341.2M) exceed its short term liabilities (CN¥181.2M).
Long Term Liabilities: 600610's short term assets (CN¥341.2M) do not cover its long term liabilities (CN¥759.2M).
Debt to Equity History and Analysis
Debt Level: 600610's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 600610 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable 600610 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600610 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:27 |
| End of Day Share Price | 2024/12/27 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 |
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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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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
Guizhou Zhongyida 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 |
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