Zhengping Road & Bridge ConstructionLtd Balance Sheet Health
Financial Health criteria checks 1/6
Zhengping Road & Bridge ConstructionLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 194.7%. Its total assets and total liabilities are CN¥7.8B and CN¥6.6B respectively.
Key information
194.7%
Debt to equity ratio
CN¥2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥175.90m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥6.64b |
| Total assets | CN¥7.83b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) Shares Up 25% But Growth Is Lacking
Aug 20
Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 05Zhengping Road & Bridge Construction Co.,Ltd.'s (SHSE:603843) 27% Price Boost Is Out Of Tune With Revenues
Apr 12Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Feb 26Financial Position Analysis
Short Term Liabilities: 603843's short term assets (CN¥4.2B) do not cover its short term liabilities (CN¥5.7B).
Long Term Liabilities: 603843's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥976.1M).
Debt to Equity History and Analysis
Debt Level: 603843's net debt to equity ratio (180%) is considered high.
Reducing Debt: 603843's debt to equity ratio has increased from 116.5% to 194.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 603843 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603843 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.3% each year