Ningbo Fangzheng Automobile MouldLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Fangzheng Automobile MouldLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥459.5M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively.
Key information
31.8%
Debt to equity ratio
CN¥459.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥715.21m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥2.50b |
Recent financial health updates
No updates
Recent updates
Ningbo Fangzheng Automobile Mould Co.,Ltd. (SZSE:300998) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Sep 30
Ningbo Fangzheng Automobile Mould Co.,Ltd.'s (SZSE:300998) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 05Ningbo Fangzheng Automobile MouldLtd (SZSE:300998) Is Due To Pay A Dividend Of CN¥0.10
Jun 16Ningbo Fangzheng Automobile Mould Co.,Ltd.'s (SZSE:300998) Shares Climb 26% But Its Business Is Yet to Catch Up
May 21Returns On Capital At Ningbo Fangzheng Automobile MouldLtd (SZSE:300998) Paint A Concerning Picture
Apr 17Subdued Growth No Barrier To Ningbo Fangzheng Automobile Mould Co.,Ltd. (SZSE:300998) With Shares Advancing 33%
Mar 06Financial Position Analysis
Short Term Liabilities: 300998's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥916.8M).
Long Term Liabilities: 300998's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥140.3M).
Debt to Equity History and Analysis
Debt Level: 300998 has more cash than its total debt.
Reducing Debt: 300998's debt to equity ratio has reduced from 36.1% to 31.8% over the past 5 years.
Debt Coverage: 300998's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300998's interest payments on its debt are well covered by EBIT.