Zhang Jia Gang Freetrade Science&Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhang Jia Gang Freetrade Science&Technology GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥209.9M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥3.9B and CN¥1.0B respectively. Zhang Jia Gang Freetrade Science&Technology GroupLtd's EBIT is CN¥286.4M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥1.4B.
Key information
7.4%
Debt to equity ratio
CN¥209.91m
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥1.41b |
| Equity | CN¥2.84b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600794's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥833.2M).
Long Term Liabilities: 600794's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥200.1M).
Debt to Equity History and Analysis
Debt Level: 600794 has more cash than its total debt.
Reducing Debt: 600794's debt to equity ratio has reduced from 19.3% to 7.4% over the past 5 years.
Debt Coverage: 600794's debt is well covered by operating cash flow (576.5%).
Interest Coverage: 600794 earns more interest than it pays, so coverage of interest payments is not a concern.