Suzhou Victory Precision Manufacture Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Victory Precision Manufacture has a total shareholder equity of CN¥3.3B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are CN¥7.3B and CN¥4.0B respectively.
Key information
58.4%
Debt to equity ratio
CN¥1.92b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥298.81m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥4.02b |
| Total assets | CN¥7.31b |
Recent financial health updates
We Think Suzhou Victory Precision Manufacture (SZSE:002426) Has A Fair Chunk Of Debt
Sep 27
Does Suzhou Victory Precision Manufacture (SZSE:002426) Have A Healthy Balance Sheet?
Jun 06Recent updates
There's No Escaping Suzhou Victory Precision Manufacture Co., Ltd.'s (SZSE:002426) Muted Revenues Despite A 31% Share Price Rise
Nov 08We Think Suzhou Victory Precision Manufacture (SZSE:002426) Has A Fair Chunk Of Debt
Sep 27Suzhou Victory Precision Manufacture Co., Ltd.'s (SZSE:002426) Share Price Is Matching Sentiment Around Its Revenues
Aug 16Does Suzhou Victory Precision Manufacture (SZSE:002426) Have A Healthy Balance Sheet?
Jun 06There Is A Reason Suzhou Victory Precision Manufacture Co., Ltd.'s (SZSE:002426) Price Is Undemanding
Apr 22Financial Position Analysis
Short Term Liabilities: 002426's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002426's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥290.1M).
Debt to Equity History and Analysis
Debt Level: 002426's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 002426's debt to equity ratio has reduced from 58.5% to 58.4% 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: 002426 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002426 has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 2.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 02:31 |
| End of Day Share Price | 2024/12/27 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
Suzhou Victory Precision Manufacture Co., Ltd. is covered by 5 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 |
|---|---|
| Rui Bin Dong | China Merchants Securities Co. Ltd. |
| Yingsheng Duan | Founder Securities Co., Ltd. |
| Rui Bin Dong | Haitong Securities Co., Ltd. |