Zhejiang Dongwang Times Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Dongwang Times Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥77.9M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CN¥3.3B and CN¥321.5M respectively. Zhejiang Dongwang Times Technology's EBIT is CN¥42.9M making its interest coverage ratio -2. It has cash and short-term investments of CN¥539.6M.
Key information
2.6%
Debt to equity ratio
CN¥77.94m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥539.56m |
| Equity | CN¥3.02b |
| Total liabilities | CN¥321.51m |
| Total assets | CN¥3.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥190.5M).
Long Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥131.0M).
Debt to Equity History and Analysis
Debt Level: 600052 has more cash than its total debt.
Reducing Debt: 600052's debt to equity ratio has increased from 0% to 2.6% over the past 5 years.
Debt Coverage: 600052's debt is well covered by operating cash flow (99%).
Interest Coverage: 600052 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 | 2024/12/24 15:28 |
| End of Day Share Price | 2024/12/24 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 Dongwang Times Technology 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 |
|---|---|
| Chun ZHAO | China Merchants Securities Co. Ltd. |
| Zhang Chifei | Huatai Research |
| Jun Hong | Shenwan Hongyuan Securities |