Zhejiang Viewshine Intelligent MeterLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Viewshine Intelligent MeterLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥171.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥2.3B and CN¥1.0B respectively. Zhejiang Viewshine Intelligent MeterLtd's EBIT is CN¥95.3M making its interest coverage ratio -26.2. It has cash and short-term investments of CN¥530.1M.
Key information
12.8%
Debt to equity ratio
CN¥170.96m
Debt
| Interest coverage ratio | -26.2x |
| Cash | CN¥530.06m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings
May 01
Zhejiang 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¥1.8B) exceed its short term liabilities (CN¥843.0M).
Long Term Liabilities: 002849's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥169.0M).
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 increased from 6.1% to 12.8% over the past 5 years.
Debt Coverage: 002849's debt is well covered by operating cash flow (50.7%).
Interest Coverage: 002849 earns more interest than it pays, so coverage of interest payments is not a concern.