Zhongjie (Jiangsu) TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhongjie (Jiangsu) TechnologyLtd has a total shareholder equity of CN¥842.9M and total debt of CN¥25.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥1.2B and CN¥342.0M respectively. Zhongjie (Jiangsu) TechnologyLtd's EBIT is CN¥25.7M making its interest coverage ratio -16.7. It has cash and short-term investments of CN¥114.9M.
Key information
3.0%
Debt to equity ratio
CN¥25.52m
Debt
| Interest coverage ratio | -16.7x |
| Cash | CN¥114.92m |
| Equity | CN¥842.89m |
| Total liabilities | CN¥342.03m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301072's short term assets (CN¥519.6M) exceed its short term liabilities (CN¥342.0M).
Long Term Liabilities: 301072's short term assets (CN¥519.6M) exceed its long term liabilities (CN¥34.6K).
Debt to Equity History and Analysis
Debt Level: 301072 has more cash than its total debt.
Reducing Debt: 301072's debt to equity ratio has reduced from 6.8% to 3% over the past 5 years.
Debt Coverage: 301072's debt is well covered by operating cash flow (236.5%).
Interest Coverage: 301072 earns more interest than it pays, so coverage of interest payments is not a concern.