Zhuzhou CRRC Times Electric Balance Sheet Health
Financial Health criteria checks 6/6
Zhuzhou CRRC Times Electric has a total shareholder equity of CN¥43.6B and total debt of CN¥517.3M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥63.2B and CN¥19.6B respectively. Zhuzhou CRRC Times Electric's EBIT is CN¥3.2B making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥11.9B.
Key information
1.2%
Debt to equity ratio
CN¥517.33m
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥11.85b |
| Equity | CN¥43.61b |
| Total liabilities | CN¥19.61b |
| Total assets | CN¥63.22b |
Recent financial health updates
Is Zhuzhou CRRC Times Electric (HKG:3898) A Risky Investment?
Nov 22
Zhuzhou CRRC Times Electric (HKG:3898) Could Easily Take On More Debt
Aug 14Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Mar 20Recent updates
There Are Reasons To Feel Uneasy About Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital
Dec 30Is Zhuzhou CRRC Times Electric (HKG:3898) A Risky Investment?
Nov 22Earnings Not Telling The Story For Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) After Shares Rise 27%
Oct 03Some Investors May Be Worried About Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital
Sep 26Zhuzhou CRRC Times Electric (HKG:3898) Could Easily Take On More Debt
Aug 14Earnings Not Telling The Story For Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Jul 15Zhuzhou CRRC Times Electric's (HKG:3898) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 30Zhuzhou CRRC Times Electric (HKG:3898) Might Be Having Difficulty Using Its Capital Effectively
Jun 18Estimating The Intrinsic Value Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
May 13Zhuzhou CRRC Times Electric Co., Ltd. Just Beat Revenue By 16%: Here's What Analysts Think Will Happen Next
Apr 28Zhuzhou CRRC Times Electric's (HKG:3898) Profits Appear To Have Quality Issues
Apr 04Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Mar 20There's Reason For Concern Over Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Massive 27% Price Jump
Mar 01Financial Position Analysis
Short Term Liabilities: 3898's short term assets (CN¥44.0B) exceed its short term liabilities (CN¥17.9B).
Long Term Liabilities: 3898's short term assets (CN¥44.0B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3898 has more cash than its total debt.
Reducing Debt: 3898's debt to equity ratio has reduced from 2.3% to 1.2% over the past 5 years.
Debt Coverage: 3898's debt is well covered by operating cash flow (690.1%).
Interest Coverage: 3898 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 | 2025/01/18 13:42 |
| End of Day Share Price | 2025/01/17 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
Zhuzhou CRRC Times Electric Co., Ltd. is covered by 55 analysts. 21 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 |
|---|---|
| Yang Song | Barclays |
| Tingting Li | BNP Paribas Securities (Asia) |
| Cho Ming Lau | BOCI Research Ltd. |