Zhejiang Publishing & Media Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Publishing & Media has a total shareholder equity of CN¥13.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥22.5B and CN¥9.5B respectively. Zhejiang Publishing & Media's EBIT is CN¥618.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥11.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥11.19b |
| Equity | CN¥12.97b |
| Total liabilities | CN¥9.53b |
| Total assets | CN¥22.50b |
Recent financial health updates
No updates
Recent updates
The Returns On Capital At Zhejiang Publishing & Media (SHSE:601921) Don't Inspire Confidence
Dec 03
We Think That There Are More Issues For Zhejiang Publishing & Media (SHSE:601921) Than Just Sluggish Earnings
Nov 06Earnings Working Against Zhejiang Publishing & Media Co., Ltd.'s (SHSE:601921) Share Price Following 27% Dive
Sep 20A Look At The Fair Value Of Zhejiang Publishing & Media Co., Ltd. (SHSE:601921)
Jul 13Zhejiang Publishing & Media's (SHSE:601921) Shareholders May Want To Dig Deeper Than Statutory Profit
May 01An Intrinsic Calculation For Zhejiang Publishing & Media Co., Ltd. (SHSE:601921) Suggests It's 32% Undervalued
Apr 05Financial Position Analysis
Short Term Liabilities: 601921's short term assets (CN¥17.1B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 601921's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥426.3M).
Debt to Equity History and Analysis
Debt Level: 601921 is debt free.
Reducing Debt: 601921 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 601921 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601921 has no debt, therefore 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 | 2024/12/23 11:21 |
| End of Day Share Price | 2024/12/23 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Publishing & Media Co., Ltd. is covered by 2 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 |
|---|---|
| Xueqing Zhang | China International Capital Corporation Limited |
| Guanran Wang | Citic Securities Co., Ltd. |