Zhejiang Daily Digital Culture GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Daily Digital Culture GroupLtd has a total shareholder equity of CN¥10.8B and total debt of CN¥83.6M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥12.4B and CN¥1.5B respectively. Zhejiang Daily Digital Culture GroupLtd's EBIT is CN¥583.5M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.3B.
Key information
0.8%
Debt to equity ratio
CN¥83.62m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.35b |
| Equity | CN¥10.83b |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥12.35b |
Recent financial health updates
Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) A Risky Investment?
Sep 25
Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) Using Too Much Debt?
Apr 26Recent updates
Returns On Capital At Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) Have Stalled
Dec 25Is There An Opportunity With Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) 26% Undervaluation?
Dec 06Why Investors Shouldn't Be Surprised By Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) 37% Share Price Surge
Oct 08Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) A Risky Investment?
Sep 25Investors Will Want Zhejiang Daily Digital Culture GroupLtd's (SHSE:600633) Growth In ROCE To Persist
Jul 01Sentiment Still Eluding Zhejiang Daily Digital Culture Group Co.,Ltd (SHSE:600633)
Jun 13Zhejiang Daily Digital Culture GroupLtd's (SHSE:600633) Soft Earnings Are Actually Better Than They Appear
May 03Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) Using Too Much Debt?
Apr 26Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) Intrinsic Value Is Potentially 79% Above Its Share Price
Mar 18Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) Share Price Is Matching Sentiment Around Its Earnings
Feb 28Financial Position Analysis
Short Term Liabilities: 600633's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600633's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥251.3M).
Debt to Equity History and Analysis
Debt Level: 600633 has more cash than its total debt.
Reducing Debt: 600633's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 600633's debt is well covered by operating cash flow (167.4%).
Interest Coverage: 600633 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 | 2024/12/28 05:28 |
| End of Day Share Price | 2024/12/27 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Daily Digital Culture Group Co.,Ltd is covered by 12 analysts. 2 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 |
|---|---|
| Shun Pi | Citic Securities Co., Ltd. |
| Di Wei | Credit Suisse |
| Liangwei Zhang | Everbright Securities Co. Ltd. |