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 |
| Cash | CN¥948.16m |
| Equity | CN¥5.18b |
| Total liabilities | CN¥3.16b |
| Total assets | CN¥8.33b |
Recent financial health updates
No updates
Recent updates
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:09 |
| End of Day Share Price | 2024/12/20 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
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.
| Analyst | Institution |
|---|---|
| Wan Qian Yang | Chasing Securities |
| Yue Zheng | China Galaxy Securities Co., Ltd. |
| Heng Zhang | Guosen Securities Co., Ltd. |