Anhui Zhongding Sealing Parts Co., Ltd.

XSEC:000887 Stock Report

Market Cap: CN¥16.5b

Anhui Zhongding Sealing Parts Balance Sheet Health

Financial Health criteria checks 6/6

Anhui Zhongding Sealing Parts has a total shareholder equity of CN¥12.9B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CN¥24.0B and CN¥11.2B respectively. Anhui Zhongding Sealing Parts's EBIT is CN¥1.7B making its interest coverage ratio 15.2. It has cash and short-term investments of CN¥2.9B.

Key information

44.9%

Debt to equity ratio

CN¥5.78b

Debt

Interest coverage ratio15.2x
CashCN¥2.89b
EquityCN¥12.87b
Total liabilitiesCN¥11.16b
Total assetsCN¥24.03b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 000887's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥7.8B).

Long Term Liabilities: 000887's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥3.4B).


Debt to Equity History and Analysis

Debt Level: 000887's net debt to equity ratio (22.4%) is considered satisfactory.

Reducing Debt: 000887's debt to equity ratio has reduced from 63.3% to 44.9% over the past 5 years.

Debt Coverage: 000887's debt is well covered by operating cash flow (35.1%).

Interest Coverage: 000887's interest payments on its debt are well covered by EBIT (15.2x coverage).


Balance Sheet


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