Zhuzhou Kibing GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhuzhou Kibing GroupLtd has a total shareholder equity of CN¥15.3B and total debt of CN¥12.2B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are CN¥33.6B and CN¥18.3B respectively. Zhuzhou Kibing GroupLtd's EBIT is CN¥2.6B making its interest coverage ratio 13.4. It has cash and short-term investments of CN¥3.4B.
Key information
79.8%
Debt to equity ratio
CN¥12.23b
Debt
| Interest coverage ratio | 13.4x |
| Cash | CN¥3.40b |
| Equity | CN¥15.32b |
| Total liabilities | CN¥18.33b |
| Total assets | CN¥33.65b |
Recent financial health updates
Recent updates
We Think Zhuzhou Kibing GroupLtd (SHSE:601636) Is Taking Some Risk With Its Debt
Jun 21
Zhuzhou Kibing Group Co.,Ltd's (SHSE:601636) Shares Lagging The Market But So Is The Business
Jun 05The Returns On Capital At Zhuzhou Kibing GroupLtd (SHSE:601636) Don't Inspire Confidence
May 21Additional Considerations Required While Assessing Zhuzhou Kibing GroupLtd's (SHSE:601636) Strong Earnings
May 01Why Zhuzhou Kibing Group Co.,Ltd (SHSE:601636) Could Be Worth Watching
Feb 28Financial Position Analysis
Short Term Liabilities: 601636's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 601636's short term assets (CN¥9.8B) do not cover its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 601636's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: 601636's debt to equity ratio has increased from 38.2% to 79.8% over the past 5 years.
Debt Coverage: 601636's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 601636's interest payments on its debt are well covered by EBIT (13.4x coverage).