Zhejiang Yuejian Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Yuejian Intelligent EquipmentLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥90.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥3.2B and CN¥741.4M respectively. Zhejiang Yuejian Intelligent EquipmentLtd's EBIT is CN¥18.1M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.5B.
Key information
3.6%
Debt to equity ratio
CN¥90.00m
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.48b |
Equity | CN¥2.49b |
Total liabilities | CN¥741.44m |
Total assets | CN¥3.23b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Willing To Look Past Zhejiang Yuejian Intelligent EquipmentLtd's (SHSE:603095) Soft Earnings
Apr 21There's Reason For Concern Over Zhejiang Yuejian Intelligent Equipment Co.,Ltd.'s (SHSE:603095) Massive 27% Price Jump
Mar 04Some Investors May Be Worried About Zhejiang Yuejian Intelligent EquipmentLtd's (SHSE:603095) Returns On Capital
Feb 29Financial Position Analysis
Short Term Liabilities: 603095's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥688.0M).
Long Term Liabilities: 603095's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥53.5M).
Debt to Equity History and Analysis
Debt Level: 603095 has more cash than its total debt.
Reducing Debt: 603095's debt to equity ratio has increased from 2.3% to 3.6% over the past 5 years.
Debt Coverage: 603095's debt is well covered by operating cash flow (219.3%).
Interest Coverage: 603095 earns more interest than it pays, so coverage of interest payments is not a concern.