Zhewen Interactive Group Co., Ltd.

SHSE:600986 Stock Report

Market Cap: CN¥10.8b

Zhewen Interactive Group Balance Sheet Health

Financial Health criteria checks 4/6

Zhewen Interactive Group has a total shareholder equity of CN¥5.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥8.3B and CN¥3.2B respectively. Zhewen Interactive Group's EBIT is CN¥75.2M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥948.2M.

Key information

23.1%

Debt to equity ratio

CN¥1.20b

Debt

Interest coverage ratio-10.1x
CashCN¥948.16m
EquityCN¥5.18b
Total liabilitiesCN¥3.16b
Total assetsCN¥8.33b

Recent financial health updates

Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?

Aug 01
Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?

Recent updates

Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is Lacking

Nov 15
Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is Lacking

Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying Issues

Nov 06
Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying Issues

Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From Overpricing

Sep 26
Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From Overpricing

At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?

Aug 27
At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?

Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?

Aug 01
Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?

Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With Earnings

Jun 25
Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With Earnings

Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They Seem

Apr 26
Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They Seem

Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs Reward

Mar 21
Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs Reward

Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital Around

Mar 18
Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital Around

Financial Position Analysis

Short Term Liabilities: 600986's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥3.1B).

Long Term Liabilities: 600986's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥85.8M).

Debt to Equity History and Analysis

Debt Level: 600986's net debt to equity ratio (4.8%) is considered satisfactory.

Reducing Debt: 600986's debt to equity ratio has increased from 12.5% to 23.1% over the past 5 years.

Debt Coverage: 600986's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600986 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

DataLast Updated (UTC time)
Company Analysis2024/12/21 08:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Zhewen Interactive 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.

AnalystInstitution
Wan Qian YangChasing Securities
Yue ZhengChina Galaxy Securities Co., Ltd.
Heng ZhangGuosen Securities Co., Ltd.