Zhejiang Langdi Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Langdi Group has a total shareholder equity of CN¥1.3B and total debt of CN¥345.7M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥2.4B and CN¥1.1B respectively. Zhejiang Langdi Group's EBIT is CN¥153.2M making its interest coverage ratio 17.8. It has cash and short-term investments of CN¥191.6M.
Key information
27.6%
Debt to equity ratio
CN¥345.75m
Debt
| Interest coverage ratio | 17.8x |
| Cash | CN¥191.60m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥2.39b |
Recent financial health updates
No updates
Recent updates
Zhejiang Langdi Group Co., Ltd.'s (SHSE:603726) Business And Shares Still Trailing The Market
Oct 21
Zhejiang Langdi Group (SHSE:603726) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 04There Are Reasons To Feel Uneasy About Zhejiang Langdi Group's (SHSE:603726) Returns On Capital
Aug 02Zhejiang Langdi Group Co., Ltd. (SHSE:603726) Held Back By Insufficient Growth Even After Shares Climb 41%
Mar 08Financial Position Analysis
Short Term Liabilities: 603726's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥995.0M).
Long Term Liabilities: 603726's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥141.1M).
Debt to Equity History and Analysis
Debt Level: 603726's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 603726's debt to equity ratio has increased from 27.3% to 27.6% over the past 5 years.
Debt Coverage: 603726's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 603726's interest payments on its debt are well covered by EBIT (17.8x coverage).