Zhejiang Kan Specialities Material Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Kan Specialities Material has a total shareholder equity of CN¥1.7B and total debt of CN¥61.3M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.8B and CN¥135.9M respectively. Zhejiang Kan Specialities Material's EBIT is CN¥3.2M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥844.4M.
Key information
3.6%
Debt to equity ratio
CN¥61.30m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥844.44m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥135.93m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Zhejiang Kan Specialities Material Co., Ltd.'s (SZSE:002012) Massive 27% Price Jump
Nov 14
Zhejiang Kan Specialities Material Co., Ltd. (SZSE:002012) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 30Zhejiang Kan Specialities Material (SZSE:002012) Will Pay A Larger Dividend Than Last Year At CN¥0.031
May 21There's Reason For Concern Over Zhejiang Kan Specialities Material Co., Ltd.'s (SZSE:002012) Massive 26% Price Jump
Mar 12Financial Position Analysis
Short Term Liabilities: 002012's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥117.2M).
Long Term Liabilities: 002012's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥18.7M).
Debt to Equity History and Analysis
Debt Level: 002012 has more cash than its total debt.
Reducing Debt: 002012's debt to equity ratio has reduced from 18.6% to 3.6% over the past 5 years.
Debt Coverage: 002012's debt is well covered by operating cash flow (41.8%).
Interest Coverage: 002012 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 | 2024/12/26 03:07 |
| End of Day Share Price | 2024/12/26 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 Kan Specialities Material Co., Ltd. is covered by 3 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 |
|---|---|
| Wenjun Cai | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Fenghua Wang | Shenwan Hongyuan Securities |
| Xu Wang | TX Investment Consulting Co., Ltd. |