Wuchan Zhongda GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuchan Zhongda GroupLtd has a total shareholder equity of CN¥53.7B and total debt of CN¥46.4B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are CN¥202.4B and CN¥148.7B respectively. Wuchan Zhongda GroupLtd's EBIT is CN¥4.2B making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥31.8B.
Key information
86.5%
Debt to equity ratio
CN¥46.44b
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥31.81b |
| Equity | CN¥53.70b |
| Total liabilities | CN¥148.75b |
| Total assets | CN¥202.45b |
Recent financial health updates
Recent updates
Wuchan Zhongda GroupLtd (SHSE:600704) Could Be Struggling To Allocate Capital
Nov 27
Wuchan Zhongda GroupLtd's (SHSE:600704) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05Wuchan Zhongda Group Co.,Ltd.'s (SHSE:600704) Earnings Are Not Doing Enough For Some Investors
Oct 27Calculating The Intrinsic Value Of Wuchan Zhongda Group Co.,Ltd. (SHSE:600704)
Aug 15Wuchan Zhongda GroupLtd (SHSE:600704) Might Be Having Difficulty Using Its Capital Effectively
Jul 25Wuchan Zhongda GroupLtd's (SHSE:600704) Dividend Will Be Increased To CN¥0.21
Jul 03Wuchan Zhongda GroupLtd (SHSE:600704) Has A Somewhat Strained Balance Sheet
May 26Wuchan Zhongda GroupLtd's (SHSE:600704) Shareholders Have More To Worry About Than Only Soft Earnings
May 03Benign Growth For Wuchan Zhongda Group Co.,Ltd. (SHSE:600704) Underpins Its Share Price
Mar 25Financial Position Analysis
Short Term Liabilities: 600704's short term assets (CN¥143.8B) exceed its short term liabilities (CN¥135.8B).
Long Term Liabilities: 600704's short term assets (CN¥143.8B) exceed its long term liabilities (CN¥12.9B).
Debt to Equity History and Analysis
Debt Level: 600704's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 600704's debt to equity ratio has increased from 55.1% to 86.5% over the past 5 years.
Debt Coverage: 600704's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: 600704 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 | 2024/12/21 22:48 |
| 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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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
Wuchan Zhongda Group Co.,Ltd. is covered by 9 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 |
|---|---|
| YINGBO XU | Citic Securities Co., Ltd. |
| Yuanyuan Lu | Donghai Securities Co. Ltd. |
| Li Wang | Guodu Securities Co. |