Shenzhen Worldunion Group Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Worldunion Group has a total shareholder equity of CN¥3.0B and total debt of CN¥21.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥4.7B and CN¥1.7B respectively.
Key information
0.7%
Debt to equity ratio
CN¥21.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.03b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥4.71b |
Recent financial health updates
Shenzhen Worldunion Group (SZSE:002285) Has Debt But No Earnings; Should You Worry?
Dec 18
Is Shenzhen Worldunion Group (SZSE:002285) Using Debt In A Risky Way?
Mar 05Recent updates
Shenzhen Worldunion Group (SZSE:002285) Has Debt But No Earnings; Should You Worry?
Dec 18Shenzhen Worldunion Group Incorporated's (SZSE:002285) 58% Price Boost Is Out Of Tune With Revenues
Nov 11Shenzhen Worldunion Group Incorporated's (SZSE:002285) 30% Share Price Surge Not Quite Adding Up
Sep 26Revenues Not Telling The Story For Shenzhen Worldunion Group Incorporated (SZSE:002285) After Shares Rise 28%
Aug 08There's Reason For Concern Over Shenzhen Worldunion Group Incorporated's (SZSE:002285) Massive 54% Price Jump
May 21Is Shenzhen Worldunion Group (SZSE:002285) Using Debt In A Risky Way?
Mar 05Financial Position Analysis
Short Term Liabilities: 002285's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002285's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥49.3M).
Debt to Equity History and Analysis
Debt Level: 002285 has more cash than its total debt.
Reducing Debt: 002285's debt to equity ratio has reduced from 66.9% to 0.7% over the past 5 years.
Debt Coverage: 002285's debt is well covered by operating cash flow (209.5%).
Interest Coverage: Insufficient data to determine if 002285's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:40 |
| End of Day Share Price | 2024/12/26 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
Shenzhen Worldunion Group Incorporated is covered by 22 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 |
|---|---|
| Hongying Zuo | AJ Securities Co., Ltd |
| Jun Liu | Changjiang Securities Co. LTD. |
| Xu Qing Liu | Chasing Securities |