Hangzhou XZB Tech Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou XZB Tech has a total shareholder equity of CN¥1.4B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.6B and CN¥201.9M respectively. Hangzhou XZB Tech's EBIT is CN¥219.0M making its interest coverage ratio -18.6. It has cash and short-term investments of CN¥456.9M.
Key information
0.1%
Debt to equity ratio
CN¥1.34m
Debt
| Interest coverage ratio | -18.6x |
| Cash | CN¥456.85m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥201.89m |
| Total assets | CN¥1.58b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Hangzhou XZB Tech Co., Ltd's (SHSE:603040) Low P/E
Oct 01
We Think That There Are Issues Underlying Hangzhou XZB Tech's (SHSE:603040) Earnings
May 09Hangzhou XZB Tech Co., Ltd (SHSE:603040) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Return Trends At Hangzhou XZB Tech (SHSE:603040) Aren't Appealing
Feb 28Financial Position Analysis
Short Term Liabilities: 603040's short term assets (CN¥898.2M) exceed its short term liabilities (CN¥179.3M).
Long Term Liabilities: 603040's short term assets (CN¥898.2M) exceed its long term liabilities (CN¥22.6M).
Debt to Equity History and Analysis
Debt Level: 603040 has more cash than its total debt.
Reducing Debt: 603040's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 603040's debt is well covered by operating cash flow (21760.5%).
Interest Coverage: 603040 earns more interest than it pays, so coverage of interest payments is not a concern.