Zhejiang Jindao Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Jindao Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥39.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥1.7B and CN¥360.0M respectively. Zhejiang Jindao Technology's EBIT is CN¥32.3M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥325.3M.
Key information
3.0%
Debt to equity ratio
CN¥39.84m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥325.28m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥360.00m |
| Total assets | CN¥1.67b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Zhejiang Jindao Technology Co., Ltd. (SZSE:301279) With Shares Advancing 36%
Oct 09
Zhejiang Jindao Technology (SZSE:301279) Will Be Hoping To Turn Its Returns On Capital Around
Sep 28Zhejiang Jindao Technology Co., Ltd.'s (SZSE:301279) 39% Price Boost Is Out Of Tune With Earnings
Jun 30Zhejiang Jindao Technology (SZSE:301279) Has Announced That Its Dividend Will Be Reduced To CN¥0.30
May 24Some Investors May Be Worried About Zhejiang Jindao Technology's (SZSE:301279) Returns On Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 301279's short term assets (CN¥790.6M) exceed its short term liabilities (CN¥342.8M).
Long Term Liabilities: 301279's short term assets (CN¥790.6M) exceed its long term liabilities (CN¥17.2M).
Debt to Equity History and Analysis
Debt Level: 301279 has more cash than its total debt.
Reducing Debt: 301279's debt to equity ratio has reduced from 5.9% to 3% over the past 5 years.
Debt Coverage: 301279's debt is well covered by operating cash flow (203.1%).
Interest Coverage: 301279 earns more interest than it pays, so coverage of interest payments is not a concern.