Zhenhai Petrochemical Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Zhenhai Petrochemical Engineering has a total shareholder equity of CN¥986.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥385.8M respectively. Zhenhai Petrochemical Engineering's EBIT is CN¥79.6M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥911.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥911.91m |
| Equity | CN¥986.29m |
| Total liabilities | CN¥385.79m |
| Total assets | CN¥1.37b |
Recent financial health updates
No updates
Recent updates
Zhenhai Petrochemical Engineering CO., LTD's (SHSE:603637) Business And Shares Still Trailing The Market
Nov 21
Zhenhai Petrochemical Engineering (SHSE:603637) Is Experiencing Growth In Returns On Capital
Oct 01Shaky Earnings May Not Tell The Whole Story For Zhenhai Petrochemical Engineering (SHSE:603637)
Aug 31Zhenhai Petrochemical Engineering CO., LTD's (SHSE:603637) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 08Financial Position Analysis
Short Term Liabilities: 603637's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥380.6M).
Long Term Liabilities: 603637's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.2M).
Debt to Equity History and Analysis
Debt Level: 603637 is debt free.
Reducing Debt: 603637 has not had any debt for past 5 years.
Debt Coverage: 603637 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603637 has no debt, therefore coverage of interest payments is not a concern.