Zhejiang Xinzhonggang Thermal Power Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Xinzhonggang Thermal Power has a total shareholder equity of CN¥1.3B and total debt of CN¥376.1M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CN¥1.8B and CN¥546.0M respectively. Zhejiang Xinzhonggang Thermal Power's EBIT is CN¥179.5M making its interest coverage ratio 17.4. It has cash and short-term investments of CN¥417.0M.
Key information
29.5%
Debt to equity ratio
CN¥376.11m
Debt
| Interest coverage ratio | 17.4x |
| Cash | CN¥416.98m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥545.98m |
| Total assets | CN¥1.82b |
Recent financial health updates
No updates
Recent updates
Zhejiang Xinzhonggang Thermal Power's (SHSE:605162) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05
Returns On Capital Signal Tricky Times Ahead For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Sep 29Zhejiang Xinzhonggang Thermal Power Co., LTD. (SHSE:605162) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 27Solid Earnings May Not Tell The Whole Story For Zhejiang Xinzhonggang Thermal Power (SHSE:605162)
Apr 02Zhejiang Xinzhonggang Thermal Power Co., LTD.'s (SHSE:605162) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 30Capital Allocation Trends At Zhejiang Xinzhonggang Thermal Power (SHSE:605162) Aren't Ideal
Feb 27Financial Position Analysis
Short Term Liabilities: 605162's short term assets (CN¥741.7M) exceed its short term liabilities (CN¥160.9M).
Long Term Liabilities: 605162's short term assets (CN¥741.7M) exceed its long term liabilities (CN¥385.0M).
Debt to Equity History and Analysis
Debt Level: 605162 has more cash than its total debt.
Reducing Debt: 605162's debt to equity ratio has increased from 24.5% to 29.5% over the past 5 years.
Debt Coverage: 605162's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 605162's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:06 |
| 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
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Analyst Sources
Zhejiang Xinzhonggang Thermal Power Co., LTD. is covered by 0 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 |
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