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¥2.9B and total debt of CN¥562.5M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥4.3B and CN¥1.4B respectively. Zhang Jia Gang Freetrade Science&Technology GroupLtd's EBIT is CN¥324.0M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥1.0B.
Key information
19.5%
Debt to equity ratio
CN¥562.47m
Debt
Interest coverage ratio | -15.8x |
Cash | CN¥1.02b |
Equity | CN¥2.88b |
Total liabilities | CN¥1.40b |
Total assets | CN¥4.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600794's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 600794's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥218.7M).
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 25% to 19.5% over the past 5 years.
Debt Coverage: 600794's debt is well covered by operating cash flow (96.2%).
Interest Coverage: 600794 earns more interest than it pays, so coverage of interest payments is not a concern.