Zhejiang Viewshine Intelligent MeterLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Viewshine Intelligent MeterLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥163.9M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥2.4B and CN¥1.0B respectively. Zhejiang Viewshine Intelligent MeterLtd's EBIT is CN¥100.2M making its interest coverage ratio -8. It has cash and short-term investments of CN¥546.2M.
Key information
11.9%
Debt to equity ratio
CN¥163.94m
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥546.25m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥2.42b |
Recent financial health updates
Recent updates
Is Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Using Too Much Debt?
Dec 17
Zhejiang Viewshine Intelligent Meter Co.,Ltd (SZSE:002849) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Nov 24Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Soft Earnings Are Actually Better Than They Appear
Nov 06What Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) 32% Share Price Gain Is Not Telling You
Sep 29There Are Reasons To Feel Uneasy About Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Returns On Capital
Sep 28There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings
May 01Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends
Apr 08There's Reason For Concern Over Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) Massive 30% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 002849's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥884.7M).
Long Term Liabilities: 002849's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥159.3M).
Debt to Equity History and Analysis
Debt Level: 002849 has more cash than its total debt.
Reducing Debt: 002849's debt to equity ratio has reduced from 13% to 11.9% over the past 5 years.
Debt Coverage: 002849's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002849 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 | 2024/12/23 15:03 |
| End of Day Share Price | 2024/12/23 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
Zhejiang Viewshine Intelligent Meter Co.,Ltd is covered by 1 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 |
|---|---|
| Chen Su | Industrial Securities Co. Ltd. |