Chengdu Zhimingda Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Zhimingda Electronics has a total shareholder equity of CN¥1.1B and total debt of CN¥72.6M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥1.5B and CN¥409.5M respectively. Chengdu Zhimingda Electronics's EBIT is CN¥6.7M making its interest coverage ratio 1. It has cash and short-term investments of CN¥14.2M.
Key information
6.7%
Debt to equity ratio
CN¥72.58m
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥14.21m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥409.50m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥377.1M).
Long Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥32.4M).
Debt to Equity History and Analysis
Debt Level: 688636's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 688636's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688636's debt is well covered by operating cash flow (150%).
Interest Coverage: 688636's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 14:56 |
| End of Day Share Price | 2024/12/24 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
Chengdu Zhimingda Electronics Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |