Zhuhai Enpower ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhuhai Enpower ElectricLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥780.8M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are CN¥4.3B and CN¥2.4B respectively. Zhuhai Enpower ElectricLtd's EBIT is CN¥42.1M making its interest coverage ratio 5.8. It has cash and short-term investments of CN¥791.2M.
Key information
42.2%
Debt to equity ratio
CN¥780.80m
Debt
| Interest coverage ratio | 5.8x |
| Cash | CN¥791.22m |
| Equity | CN¥1.85b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥4.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300681's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300681's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥583.9M).
Debt to Equity History and Analysis
Debt Level: 300681 has more cash than its total debt.
Reducing Debt: 300681's debt to equity ratio has increased from 31.9% to 42.2% over the past 5 years.
Debt Coverage: 300681's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 300681's interest payments on its debt are well covered by EBIT (5.8x coverage).