Zhejiang ZUCH Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang ZUCH Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥34.2M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥2.4B and CN¥584.7M respectively. Zhejiang ZUCH Technology's EBIT is CN¥176.7M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥766.8M.
Key information
1.9%
Debt to equity ratio
CN¥34.25m
Debt
| Interest coverage ratio | -7.6x |
| Cash | CN¥766.78m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥584.73m |
| Total assets | CN¥2.38b |
Recent financial health updates
Recent updates
Zhejiang ZUCH Technology's (SZSE:301280) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 04
Zhejiang ZUCH Technology (SZSE:301280) Has A Pretty Healthy Balance Sheet
Jun 07Investors Shouldn't Be Too Comfortable With Zhejiang ZUCH Technology's (SZSE:301280) Earnings
May 06Zhejiang ZUCH Technology's (SZSE:301280) Dividend Will Be CN¥1.00
May 02Financial Position Analysis
Short Term Liabilities: 301280's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥558.3M).
Long Term Liabilities: 301280's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥26.4M).
Debt to Equity History and Analysis
Debt Level: 301280 has more cash than its total debt.
Reducing Debt: 301280's debt to equity ratio has reduced from 35.4% to 1.9% over the past 5 years.
Debt Coverage: 301280's debt is well covered by operating cash flow (158.6%).
Interest Coverage: 301280 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 | 2024/12/25 17:29 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Zhejiang ZUCH Technology Co., Ltd is covered by 1 analysts. 1 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 |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |