Zhejiang Guanghua TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Guanghua TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥467.1M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are CN¥2.5B and CN¥841.0M respectively. Zhejiang Guanghua TechnologyLtd's EBIT is CN¥113.1M making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥700.6M.
Key information
28.7%
Debt to equity ratio
CN¥467.15m
Debt
| Interest coverage ratio | -12.6x |
| Cash | CN¥700.55m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥841.04m |
| Total assets | CN¥2.47b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Guanghua TechnologyLtd (SZSE:001333)
Nov 04
Zhejiang Guanghua TechnologyLtd's (SZSE:001333) Dividend Is Being Reduced To CN¥0.36
Jun 11Zhejiang Guanghua TechnologyLtd's (SZSE:001333) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 01Financial Position Analysis
Short Term Liabilities: 001333's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥829.4M).
Long Term Liabilities: 001333's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥11.7M).
Debt to Equity History and Analysis
Debt Level: 001333 has more cash than its total debt.
Reducing Debt: 001333's debt to equity ratio has reduced from 70.8% to 28.7% over the past 5 years.
Debt Coverage: 001333's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001333 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 | 2024/12/24 20:34 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
Zhejiang Guanghua Technology 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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