Zhejiang Wellsun Intelligent TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Wellsun Intelligent TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥391.3M respectively. Zhejiang Wellsun Intelligent TechnologyLtd's EBIT is CN¥148.1M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥705.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥705.19m |
Equity | CN¥1.15b |
Total liabilities | CN¥391.34m |
Total assets | CN¥1.54b |
Recent financial health updates
Recent updates
Zhejiang Wellsun Intelligent TechnologyLtd's (SZSE:300882) Anemic Earnings Might Be Worse Than You Think
Nov 01Cautious Investors Not Rewarding Zhejiang Wellsun Intelligent Technology Co.,Ltd.'s (SZSE:300882) Performance Completely
Oct 01Zhejiang Wellsun Intelligent TechnologyLtd (SZSE:300882) Seems To Use Debt Rather Sparingly
Jul 17A Look Into Zhejiang Wellsun Intelligent TechnologyLtd's (SZSE:300882) Impressive Returns On Capital
Jun 21The Market Lifts Zhejiang Wellsun Intelligent Technology Co.,Ltd. (SZSE:300882) Shares 26% But It Can Do More
May 24Zhejiang Wellsun Intelligent Technology Co.,Ltd.'s (SZSE:300882) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 04Zhejiang Wellsun Intelligent TechnologyLtd (SZSE:300882) Is Reinvesting To Multiply In Value
Feb 27Financial Position Analysis
Short Term Liabilities: 300882's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥369.8M).
Long Term Liabilities: 300882's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥21.6M).
Debt to Equity History and Analysis
Debt Level: 300882 is debt free.
Reducing Debt: 300882 had no debt 5 years ago.
Debt Coverage: 300882 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300882 has no debt, therefore coverage of interest payments is not a concern.