Zhejiang NHU Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang NHU has a total shareholder equity of CN¥27.6B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are CN¥41.5B and CN¥13.9B respectively. Zhejiang NHU's EBIT is CN¥5.3B making its interest coverage ratio 54.6. It has cash and short-term investments of CN¥6.9B.
Key information
35.0%
Debt to equity ratio
CN¥9.67b
Debt
| Interest coverage ratio | 54.6x |
| Cash | CN¥6.88b |
| Equity | CN¥27.59b |
| Total liabilities | CN¥13.94b |
| Total assets | CN¥41.53b |
Recent financial health updates
Recent updates
Are Investors Undervaluing Zhejiang NHU Company Ltd. (SZSE:002001) By 26%?
Nov 09
The Returns At Zhejiang NHU (SZSE:002001) Aren't Growing
Sep 30Zhejiang NHU Company Ltd. (SZSE:002001) Doing What It Can To Lift Shares
Sep 10Here's Why Zhejiang NHU (SZSE:002001) Can Manage Its Debt Responsibly
Aug 08Zhejiang NHU's (SZSE:002001) Returns Have Hit A Wall
Jun 13Little Excitement Around Zhejiang NHU Company Ltd.'s (SZSE:002001) Earnings
May 22Financial Position Analysis
Short Term Liabilities: 002001's short term assets (CN¥15.2B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 002001's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 002001's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 002001's debt to equity ratio has reduced from 44.3% to 35% over the past 5 years.
Debt Coverage: 002001's debt is well covered by operating cash flow (73.2%).
Interest Coverage: 002001's interest payments on its debt are well covered by EBIT (54.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 14:08 |
| 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 NHU Company Ltd. is covered by 26 analysts. 11 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 |
|---|---|
| Tai Ma | Changjiang Securities Co. LTD. |
| Xiongwei Jia | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |