Zhongshan Public Utilities GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhongshan Public Utilities GroupLtd has a total shareholder equity of CN¥17.5B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥30.5B and CN¥13.0B respectively. Zhongshan Public Utilities GroupLtd's EBIT is CN¥487.6M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥1.5B.
Key information
47.8%
Debt to equity ratio
CN¥8.35b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥1.49b |
| Equity | CN¥17.47b |
| Total liabilities | CN¥13.00b |
| Total assets | CN¥30.47b |
Recent financial health updates
Does Zhongshan Public Utilities GroupLtd (SZSE:000685) Have A Healthy Balance Sheet?
Oct 22
Is Zhongshan Public Utilities GroupLtd (SZSE:000685) A Risky Investment?
Jul 01Recent updates
Return Trends At Zhongshan Public Utilities GroupLtd (SZSE:000685) Aren't Appealing
Nov 25Does Zhongshan Public Utilities GroupLtd (SZSE:000685) Have A Healthy Balance Sheet?
Oct 22Zhongshan Public Utilities Group Co.,Ltd's (SZSE:000685) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Sep 30Zhongshan Public Utilities Group Co.,Ltd's (SZSE:000685) Business And Shares Still Trailing The Market
Aug 01Is Zhongshan Public Utilities GroupLtd (SZSE:000685) A Risky Investment?
Jul 01Investors Don't See Light At End Of Zhongshan Public Utilities Group Co.,Ltd's (SZSE:000685) Tunnel
Apr 04Financial Position Analysis
Short Term Liabilities: 000685's short term assets (CN¥4.7B) do not cover its short term liabilities (CN¥5.5B).
Long Term Liabilities: 000685's short term assets (CN¥4.7B) do not cover its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 000685's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 000685's debt to equity ratio has increased from 33.4% to 47.8% over the past 5 years.
Debt Coverage: 000685's debt is not well covered by operating cash flow (0.04%).
Interest Coverage: 000685 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 | 2024/12/26 19:23 |
| End of Day Share Price | 2024/12/26 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
Zhongshan Public Utilities Group Co.,Ltd is covered by 3 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 |
|---|---|
| Chunyang Zhu | China Merchants Securities Co. Ltd. |
| Yan Qin | First Capital Securities Co. LTD. |
| Yong Feng Gong | Huatai Research |