Zhejiang Sunriver Culture TourismLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Sunriver Culture TourismLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥393.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥4.1B and CN¥1.2B respectively. Zhejiang Sunriver Culture TourismLtd's EBIT is CN¥187.3M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥194.5M.
Key information
13.2%
Debt to equity ratio
CN¥393.63m
Debt
| Interest coverage ratio | 7.1x |
| Cash | CN¥194.46m |
| Equity | CN¥2.97b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥4.13b |
Recent financial health updates
Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Has A Rock Solid Balance Sheet
Oct 16
Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?
May 27Recent updates
What Zhejiang Sunriver Culture Tourism Co.,Ltd.'s (SHSE:600576) 27% Share Price Gain Is Not Telling You
Nov 27Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Has A Rock Solid Balance Sheet
Oct 16Zhejiang Sunriver Culture Tourism Co.,Ltd.'s (SHSE:600576) P/E Is Still On The Mark Following 27% Share Price Bounce
Sep 30Investors Will Want Zhejiang Sunriver Culture TourismLtd's (SHSE:600576) Growth In ROCE To Persist
Aug 26Potential Upside For Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHSE:600576) Not Without Risk
Jul 24Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?
May 27We Think That There Are Issues Underlying Zhejiang Sunriver CultureLtd's (SHSE:600576) Earnings
Apr 05Is Now The Time To Put Zhejiang Sunriver CultureLtd (SHSE:600576) On Your Watchlist?
Mar 22Financial Position Analysis
Short Term Liabilities: 600576's short term assets (CN¥491.7M) do not cover its short term liabilities (CN¥657.1M).
Long Term Liabilities: 600576's short term assets (CN¥491.7M) do not cover its long term liabilities (CN¥502.0M).
Debt to Equity History and Analysis
Debt Level: 600576's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 600576's debt to equity ratio has increased from 2.9% to 13.2% over the past 5 years.
Debt Coverage: 600576's debt is well covered by operating cash flow (65.2%).
Interest Coverage: 600576's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:53 |
| End of Day Share Price | 2024/12/19 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 Sunriver Culture Tourism 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 |
|---|---|
| Xinrong Deng | Founder Securities Co., Ltd. |
| Qi Zhong | Haitong Securities Co., Ltd. |
| Yang Li | Industrial Securities Co. Ltd. |