Zhejiang Huangma TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Huangma TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥396.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥3.7B and CN¥704.6M respectively. Zhejiang Huangma TechnologyLtd's EBIT is CN¥401.3M making its interest coverage ratio -64.3. It has cash and short-term investments of CN¥642.3M.
Key information
13.2%
Debt to equity ratio
CN¥396.63m
Debt
| Interest coverage ratio | -64.3x |
| Cash | CN¥642.35m |
| Equity | CN¥3.00b |
| Total liabilities | CN¥704.62m |
| Total assets | CN¥3.70b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Zhejiang Huangma Technology Co.,Ltd (SHSE:603181)?
Sep 26
Zhejiang Huangma TechnologyLtd (SHSE:603181) Could Easily Take On More Debt
Sep 10We Think That There Are More Issues For Zhejiang Huangma TechnologyLtd (SHSE:603181) Than Just Sluggish Earnings
Apr 24Need To Know: Analysts Just Made A Substantial Cut To Their Zhejiang Huangma Technology Co.,Ltd (SHSE:603181) Estimates
Apr 23Why Investors Shouldn't Be Surprised By Zhejiang Huangma Technology Co.,Ltd's (SHSE:603181) Low P/E
Apr 04Financial Position Analysis
Short Term Liabilities: 603181's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥432.6M).
Long Term Liabilities: 603181's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥272.0M).
Debt to Equity History and Analysis
Debt Level: 603181 has more cash than its total debt.
Reducing Debt: 603181's debt to equity ratio has increased from 0% to 13.2% over the past 5 years.
Debt Coverage: 603181's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 603181 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:23 |
| End of Day Share Price | 2024/12/23 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
Zhejiang Huangma Technology Co.,Ltd is covered by 6 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 |
|---|---|
| Di Wu | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |