Zhejiang China Commodities City Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang China Commodities City Group has a total shareholder equity of CN¥19.8B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥35.9B and CN¥16.1B respectively. Zhejiang China Commodities City Group's EBIT is CN¥3.3B making its interest coverage ratio -34. It has cash and short-term investments of CN¥1.8B.
Key information
42.1%
Debt to equity ratio
CN¥8.35b
Debt
| Interest coverage ratio | -34x |
| Cash | CN¥1.79b |
| Equity | CN¥19.82b |
| Total liabilities | CN¥16.07b |
| Total assets | CN¥35.90b |
Recent financial health updates
Is Zhejiang China Commodities City Group (SHSE:600415) A Risky Investment?
Dec 10
These 4 Measures Indicate That Zhejiang China Commodities City Group (SHSE:600415) Is Using Debt Reasonably Well
Jul 01Zhejiang China Commodities City Group (SHSE:600415) Takes On Some Risk With Its Use Of Debt
Feb 28Recent updates
Is Zhejiang China Commodities City Group (SHSE:600415) A Risky Investment?
Dec 10Here's Why We Think Zhejiang China Commodities City Group (SHSE:600415) Is Well Worth Watching
Nov 24Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) Held Back By Insufficient Growth Even After Shares Climb 32%
Nov 08Returns At Zhejiang China Commodities City Group (SHSE:600415) Are On The Way Up
Oct 03Zhejiang China Commodities City Group Co., Ltd.'s (SHSE:600415) Prospects Need A Boost To Lift Shares
Aug 12If EPS Growth Is Important To You, Zhejiang China Commodities City Group (SHSE:600415) Presents An Opportunity
Jul 29These 4 Measures Indicate That Zhejiang China Commodities City Group (SHSE:600415) Is Using Debt Reasonably Well
Jul 01A Look At The Fair Value Of Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415)
Jun 03The Return Trends At Zhejiang China Commodities City Group (SHSE:600415) Look Promising
May 21Investors Don't See Light At End Of Zhejiang China Commodities City Group Co., Ltd.'s (SHSE:600415) Tunnel
May 06Zhejiang China Commodities City Group (SHSE:600415) Takes On Some Risk With Its Use Of Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 600415's short term assets (CN¥6.7B) do not cover its short term liabilities (CN¥14.7B).
Long Term Liabilities: 600415's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600415's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 600415's debt to equity ratio has reduced from 99.1% to 42.1% over the past 5 years.
Debt Coverage: 600415's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 600415 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:18 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Zhejiang China Commodities City Group Co., Ltd. is covered by 15 analysts. 6 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 |
|---|---|
| Zhe Chuan Ding | China Merchants Securities Co. Ltd. |
| Yunfeng Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Xiaofang Xu | Citic Securities Co., Ltd. |