Xinzhi Group Co., Ltd.

SZSE:002664 Stock Report

Market Cap: CN¥5.6b

Xinzhi Group Balance Sheet Health

Financial Health criteria checks 5/6

Xinzhi Group has a total shareholder equity of CN¥3.5B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are CN¥9.9B and CN¥6.4B respectively. Xinzhi Group's EBIT is CN¥263.0M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥2.1B.

Key information

80.9%

Debt to equity ratio

CN¥2.80b

Debt

Interest coverage ratio-6.6x
CashCN¥2.11b
EquityCN¥3.46b
Total liabilitiesCN¥6.40b
Total assetsCN¥9.86b

Recent financial health updates

No updates

Recent updates

Xinzhi Group (SZSE:002664) Will Pay A Larger Dividend Than Last Year At CN¥0.07

Jun 05
Xinzhi Group (SZSE:002664) Will Pay A Larger Dividend Than Last Year At CN¥0.07

There's No Escaping Xinzhi Group Co., Ltd.'s (SZSE:002664) Muted Earnings Despite A 36% Share Price Rise

Mar 06
There's No Escaping Xinzhi Group Co., Ltd.'s (SZSE:002664) Muted Earnings Despite A 36% Share Price Rise

Financial Position Analysis

Short Term Liabilities: 002664's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥4.7B).

Long Term Liabilities: 002664's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥1.7B).


Debt to Equity History and Analysis

Debt Level: 002664's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: 002664's debt to equity ratio has increased from 7.6% to 80.9% over the past 5 years.

Debt Coverage: 002664's debt is well covered by operating cash flow (20.8%).

Interest Coverage: 002664 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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