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¥2.8B, which brings its debt-to-equity ratio to 234.3%. Its total assets and total liabilities are CN¥8.0B and CN¥6.8B respectively.
Key information
234.3%
Debt to equity ratio
CN¥2.82b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥234.97m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥6.76b |
| Total assets | CN¥7.96b |
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¥4.4B) do not cover its short term liabilities (CN¥5.8B).
Long Term Liabilities: 603843's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥965.5M).
Debt to Equity History and Analysis
Debt Level: 603843's net debt to equity ratio (214.8%) is considered high.
Reducing Debt: 603843's debt to equity ratio has increased from 102.9% to 234.3% 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 46.2% each year