Zanyu Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Zanyu Technology Group has a total shareholder equity of CN¥3.8B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are CN¥8.1B and CN¥4.3B respectively. Zanyu Technology Group's EBIT is CN¥223.8M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥677.2M.
Key information
69.3%
Debt to equity ratio
CN¥2.62b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥677.22m |
| Equity | CN¥3.78b |
| Total liabilities | CN¥4.31b |
| Total assets | CN¥8.09b |
Recent financial health updates
Recent updates
There Is A Reason Zanyu Technology Group Co., Ltd.'s (SZSE:002637) Price Is Undemanding
Nov 21
Zanyu Technology Group's (SZSE:002637) Promising Earnings May Rest On Soft Foundations
Nov 04Here's Why Zanyu Technology Group (SZSE:002637) Has A Meaningful Debt Burden
Sep 28We Think That There Are Some Issues For Zanyu Technology Group (SZSE:002637) Beyond Its Promising Earnings
Apr 26Financial Position Analysis
Short Term Liabilities: 002637's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002637's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥859.7M).
Debt to Equity History and Analysis
Debt Level: 002637's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 002637's debt to equity ratio has increased from 42.3% to 69.3% over the past 5 years.
Debt Coverage: 002637's debt is well covered by operating cash flow (28.7%).
Interest Coverage: 002637's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:04 |
| 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
Zanyu Technology Group Co., Ltd. is covered by 5 analysts. 1 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 |
|---|---|
| Xi Xin Wang | Everbright Securities Co. Ltd. |
| Lei Cheng | Founder Securities Co., Ltd. |
| Lin Yang | Guosen Securities Co., Ltd. |