Shenzhen Zowee Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Zowee Technology has a total shareholder equity of CN¥558.3M and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.9B respectively.
Key information
9.0%
Debt to equity ratio
CN¥50.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥364.86m |
| Equity | CN¥558.26m |
| Total liabilities | CN¥1.90b |
| Total assets | CN¥2.46b |
Recent financial health updates
Recent updates
Shenzhen Zowee Technology Co., Ltd. (SZSE:002369) Held Back By Insufficient Growth Even After Shares Climb 46%
Dec 18
Shenzhen Zowee Technology (SZSE:002369) Has Debt But No Earnings; Should You Worry?
Dec 12Shenzhen Zowee Technology Co., Ltd. (SZSE:002369) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Oct 01Improved Revenues Required Before Shenzhen Zowee Technology Co., Ltd. (SZSE:002369) Stock's 32% Jump Looks Justified
Aug 17Shenzhen Zowee Technology Co., Ltd. (SZSE:002369) Not Doing Enough For Some Investors As Its Shares Slump 27%
Apr 21Shenzhen Zowee Technology Co., Ltd.'s (SZSE:002369) Prospects Need A Boost To Lift Shares
Mar 02Financial Position Analysis
Short Term Liabilities: 002369's short term assets (CN¥851.3M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002369's short term assets (CN¥851.3M) exceed its long term liabilities (CN¥838.5M).
Debt to Equity History and Analysis
Debt Level: 002369 has more cash than its total debt.
Reducing Debt: 002369's debt to equity ratio has reduced from 23.4% to 9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002369 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002369 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 11.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:14 |
| 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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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
Shenzhen Zowee Technology Co., Ltd. is covered by 13 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 |
|---|---|
| Zhijian Chen | Changjiang Securities Co. LTD. |
| Liangyong Zhang | China Merchants Securities Co. Ltd. |
| LEI ZHAO | Everbright Securities Co. Ltd. |